Rising home insurance costs are adding pressure for buyers: Insurify

Rising home insurance costs are adding pressure for buyers: Insurify

The dream of homeownership is becoming increasingly elusive for many Americans as both home prices and insurance premiums are on the rise.  Over the past decade, home prices have nearly doubled, according... Read more »
As insurance costs rise, real estate agents have more buyer concerns to assuage

As insurance costs rise, real estate agents have more buyer concerns to assuage

As recently as five years ago, homeowners insurance was certainly not top of mind for most homebuyers and their real estate agents, but the rapidly rising cost of insurance premiums is changing... Read more »
Why California shouldn’t bail out the home insurance industry

Why California shouldn’t bail out the home insurance industry

Insurance companies collected more than $150 billion in premiums from California homeowners over the last 25 years and enjoyed profits at four times the national average. Now they’re demanding an unprecedented bailout... Read more »
Rising home insurance costs are adding pressure for buyers: Insurify

FHFA’s pilot to waive lender title insurance on refis faces opposition

President Joe Biden’s new plan to lower housing costs includes a pilot program that waives the requirement for lender’s title insurance on certain refinance transactions, according to the White House. The plan... Read more »
Enact CEO Rohit Gupta talks mortgage insurance as homebuyers struggle with down payments

Enact CEO Rohit Gupta talks mortgage insurance as homebuyers struggle with down payments

Rohit Gupta, Enact CEO, joins 'Closing Bell Overtime' to talk the state of housing and mortgage rates. Source link Read more »
Industry experts are closely watching delinquency rates, insurance costs

Industry experts are closely watching delinquency rates, insurance costs

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s... Read more »
Rising home insurance costs are adding pressure for buyers: Insurify

NAR runs out of liability insurance coverage: Sources

Three sources, who have asked to remain anonymous, have confirmed to HousingWire that the National Association of Realtors (NAR) has run out of liability insurance funds. The news about NAR’s insurance predicament... Read more »
5 Ways to Reduce Homeowners Insurance Costs (2024)

5 Ways to Reduce Homeowners Insurance Costs (2024)

Many new homeowners are looking for ways to save on their home insurance. Although some seem obvious because they are so highly advertised (bundling with auto, shopping online), there are others that... Read more »
Rising home insurance costs are adding pressure for buyers: Insurify

Another homeowners’ insurance carrier leaves California

Homeowners in California now have even fewer choices in homeowners insurance carriers. The Hartford Financial Services Group, better known as The Hartford, announced Wednesday that it would no longer issue new homeowners... Read more »
Senate considers flood insurance reforms, but roadblocks remain

Senate considers flood insurance reforms, but roadblocks remain

The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on Thursday that focused on the reauthorization of the National Flood Insurance Program (NFIP), showing that its bipartisan support... Read more »