Executives at mortgage lenders anticipate a minimum 20% increase in credit reporting costs in 2025 compared to 2024. And the soaring costs will hit as lenders try to dig out from multiple... Read more »
New York-based digital mortgage lender Better.com launched a streamline refinance loan product on Monday that aims to help military veterans and service members save money on long-term interest expenses and closing costs.... Read more »
Construction of a KB Home single-family housing development is shown in Menifee, California, on Sept. 4, 2024. Mike Blake | Reuters Both presidential candidates promise to build more homes. One promises to deport... Read more »
Mobile homes surrounded by flood water after Hurricane Milton made landfall, in St. Petersburg, Florida, U.S. October 10, 2024. Octavio Jones | Reuters If your home is temporarily uninhabitable after a natural... Read more »
More than half of California tenants strain to pay their rent, while more than a third of homeowners are burdened by housing costs. Last year, 56 percent of statewide renters spent 30... Read more »
Mike Spiering holds Francesca Spiering as he stands in the flood water around his home after record rains fell in the area on April 13, 2023 in Hollywood, Florida. Joe Raedle |... Read more »
Since the spring of last year, a typical family with a median income has not been able to afford a median-priced home, according to the National Association of Realtors’ (NAR) Housing Affordability... Read more »
Fueled by a surge in mortgage rates, owning a home has become increasingly expensive. According to a Freddie Mac housing and mortgage market report released Monday, while mortgage payments remain the primary... Read more »
Unlike many other metropolitan areas across the country, the housing market in Southwest Florida is comparably flush with for-sale inventory. “I think one of the major trends we are seeing is that... Read more »
U.S. Sen. Josh Hawley (R-Mo.) has sent a letter to the U.S. Department of Justice‘s Antitrust Division, urging an investigation of Fair Isaac Corp. (FICO), the company that retains the rights to... Read more »