The GSE’s economic and research group thinks the U.S. hasn’t seen the full impact of higher mortgage rates yet, but 2024 will be better after a slow-down year.
It’s the second week in a row for a notable drop in rates as non-inflation-rate factors influence demand. A few weeks ago, average 30-year rates were higher than 7%.
There are always options, and while some detail – like submitting forgotten docs – may quickly solve the problem, other fixes take a bit more time.
CEO Bob Goldberg met with White House officials and other industry reps to discuss the nation’s housing supply and affordability constraints.
A West Kendall HOA’s now-terminated board members allegedly stole millions. A court-appointed receiver was named and attorneys now have access to records.
The Fla.-owned “insurer of last resort” continues to grow quickly, hitting 1,107K policies on Nov. 3. Previously approved rate hikes went into effect on Nov. 1.
FEMA gave some Fla. homeowners extra time to renew flood insurance due to the storms, and reps are going door-to-door to contact 11K owners who can still do so.
