by Editor | Aug 19, 2025 | General News
By Matt Levin About 10% of mortgage applications are now for adjustable-rate mortgages, above the 2010s levels, with longer intro rates and tighter borrower screening. NEW YORK — Adjustable-rate mortgages – ARMs in real estate lingo – are making something of a...
by Editor | Aug 18, 2025 | General News
By Ron Hurtibise Florida Peninsula is seeking its largest-ever rate cuts: 8.4% for homeowner policies and 12% for condo policies, possibly starting Oct. 31 if regulators approve. TALLAHASSEE, Fla. – One of Florida’s largest property insurers says it has requested the...
by Editor | Aug 18, 2025 | General News
By Melissa Dittmann Tracey With rates declining last week and mortgage applications for home purchases up, there’s hope on the horizon for slow markets, NAR said. CHICAGO – Mortgage rates have dropped to their lowest level since October. The 30-year fixed-rate...
by Editor | Aug 18, 2025 | General News
High mortgage rates, weak buyer traffic and supply challenges kept builder sentiment low, with price cuts and sales incentives remaining common, the NAHB said. WASHINGTON – Elevated mortgage rates, weak buyer traffic and ongoing supply-side challenges continued to act...
by Editor | Aug 15, 2025 | General News
By Joanne Hsu Consumers are no longer bracing for the worst-case scenario for the economy but continue to expect rising inflation and unemployment, the University of Michigan said. ANN ARBOR, Mich. – Consumer sentiment fell back about 5% in August, declining for the...
