– Mortgage rates increase after lengthy decline Average long-term mortgage rates rose to 3.38% in Freddie Mac’s weekly survey – the first FRM increase in almost two months. It's official: Fed will start selling bonds Experts have predicted rising mortgage rates for a long time, but this bond sale...
– FHA allows transactions to proceed with immediate reinspection FHA loans require a post-disaster inspection in declared catastrophe areas, but a rule that could delay closings is waived. Hurricane Irma damage could be as high as $65 billion Irma’s 185-mph winds seemed to be the biggest menace, but a...
– Irma's Fla. insurance claims already near $2 billion State officials say Hurricane Irma has already exceeded claims and losses (335,000 claims, $1.9B in property losses) from the two Fla. hurricanes last year. SE Fla. real estate market OK despite Irma's punch Beyond uprooted trees, debris in the streets...
– NAR: Student debt delays millennial homeownership by 7 years Despite being in prime home-buying years, a majority of millennials with student debt currently don’t own a home – and many believe student debt is the reason. IRS offers tax relief to Hurricane Irma victims Some Fla. Hurricane victims...
– Houston's market proves resilient post-Harvey Hurricane Harvey’s catastrophic flooding doesn’t appear to deter housing demand. Redfin agents say 45 buyers are ready to purchase homes where the storm hit. Rebuilding: A long road for storm victims For anyone who needs to repair or rebuild a home or business,...
– Fla. makes it easier to renew insurance or submit claims For an extra 90 days, insurers cannot cancel policies, demand required info or increase policyholders’ rates under a directive from Gov. Rick Scott. Irma pushes Fla.'s poor closer to the edge of ruin Irma upended millions of Floridians...
– National flood insurance extended for three months NAR’s Call for Action ended Friday. While it initially hoped to pass a comprehensive flood bill that lasted years, Harvey aid and Irma’s impending threat last week convinced Congress to postpone any major changes. NFIP now expires in December. Insurer: 'File...
– What to do if board pres. makes use of HOA resources Real estate QandA: All board members have a fiduciary responsibility to the community. Review HOA docs – but board can also remove or replace him. Hispanic homeownership surges Curbed.com: Latinos are expected to make up 52% of new...
– What to do after a disaster hits your home, mortgage If you’re affected by a natural disaster, what does it mean for your mortgage? Here are frequently asked questions and answers. Affordable-housing panel starts looking for fixes Eyeing reforms of everything from building codes to land-use rules, a...
– Scott declares emergency as hurricane threatens All of Fla. will soon get a taste of Hurricane Irma, and it’s likely that a few areas will face a direct impact. Bolster your home and business defenses now. Number in Fla. with flood ins. down 16% in 5 years Why...
