A report from Bisnow. "On the heels of probes by Freddie Mac, Fannie Mae and federal regulators, the country’s most active mortgage brokerage is moving to shore up its standards with a new hire. Meridian Capital Group has appointed Melissa…
A report from Honolulu Civil Beat. "When the Peninsula at Hawaii Kai condo community got news of its insurance bill for 2024, the condo owners were in for an unpleasant surprise. The association’s premium was going up almost tenfold, to…
A report from the Idaho Statesman. "Take a spin through Eagle and it’s easy enough to see a changing city. Fresh, new homes dot neighborhoods, while empty dirt and sand-filled lots promise more incoming growth in town. But building permits…
A weekend topic starting with the Detroit Free Press in Michigan. "A new 0% down mortgage is certainly an attention grabber for the Pontiac-based, mega mortgage lender, United Wholesale Mortgage. Under the 0% Down Purchase plan, qualified first-time borrowers and…
It' Friday desk clearing time for this blogger. "Even if the economy does turn sour, people getting mortgages today are in good financial shape, added Jacob Channel, senior economist at Lending Tree. 'If you are getting approved for a loan…
A report from Bloomberg. "In some Texas and Florida cities, foreclosures are rising, suggesting early signs of distress in the once booming housing market. In Houston, foreclosure filings jumped 37% in the first quarter from a year earlier, according to…
A report from the Naples Daily News in Florida. "If the Naples area had been part of a Redfin study, it would likely show up as leading the nation with the largest pileup of unsold housing inventory year over year.…
A report from the Wall Street Journal. "Gary and Karen Steppe listed a condo in Indialantic, Fla., in February for $294,900. They expected the two-bedroom vacation home, which is in an oceanside town near Melbourne Beach, to sell quickly. But…
A report from Yahoo Finance. "The Federal Reserve chairman this week doused any hope homebuyers had that mortgage rates would soften anytime soon. Instead, rates jumped above 7% after Jerome Powell said inflation was taking longer to come down to…
A report from the Mortgage Research Center. "Critics of the 'date the rate' strategy are having their day in the sun. They were right in saying that the strategy could be harder to implement than it sounds. Realtor.com offered solid…