Homeowners Particularly Firsttime Buyers Are Worryingly Late on Their Mortgage Payments
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Lower mortgage rates draw homeowners in — but keep home buyers out
Mortgage applications rose 2.2% in the last week, the Mortgage Bankers Association said.MarketWatch - 20h -
The end of insurance: Climate change is destroying homeowners and insurers
Traditional insurance models aren’t able to handle escalating natural disaster risks.MarketWatch - 2d -
Chiefs not mortgaging future for three-peat
The Chiefs are steadfast in not going all-in at the expense of ruining future seasons.ESPN - 2d -
New tariffs could raise home prices and sideline potential buyers
Home prices are already at records, and tariffs on building materials from Canada and Mexico could add even more pressure to the market.CNBC - 3d -
New tariffs could raise home prices and sideline potential buyers
The U.S. housing market was already struggling under the weight of high mortgage interest rates, a low supply of existing homes for sale and historically high home prices.NBC News - 3d -
Sanders says he was "not particularly happy" with RFK Jr.'s presentation
Sen. Bernie Sanders argued that "the conspiracy theories" that Robert F. Kennedy has entertained are "not unlike what we're hearing all over the Trump administration."CBS News - 4d -
Sen. Bernie Sanders says he was "not particularly happy" with RFK Jr.'s performance at hearings
Sen. Bernie Sanders, an independent who caucuses with Democrats but has praised some of Robert F. Kennedy's remarks on the food industry, tells "Face the Nation with Margaret Brennan" that he is ...CBS News - 4d -
JetBlue’s bonds find buyers despite stock slide
JetBlue’s stock plunged more than 25% after the air carrier reported its fourth-quarter results earlier this week, but its bonds are finding buyers.MarketWatch - Jan. 30 -
Is the Fed interest rate pause good for mortgage rates?
The Fed's rate pause is likely to impact borrowing costs — but will it make mortgage loans more affordable?CBS News - Jan. 29 -
Bank of England warns of risks in relaxing mortgage limits
Andrew Bailey welcomes ‘open public debate’, but cautions that easing rules could lead to more repossessionsFinancial Times - Jan. 29 -
Underinsured homeowners grapple with loss after L.A. fires
Before the fires in Southern California, you could see mile after mile of beautiful houses on wooded landscapes. But what you couldn't see was that many of the homes were uninsured or ...CBS News - Jan. 27 -
Why 2024 was arguably the toughest year for home buyers and sellers in 30 years
Existing-home sales in 2024 fell to the lowest level since 1995, Realtors say.MarketWatch - Jan. 25 -
As wildfire damage climbs to $40 billion, homeowners face higher insurance costs
S&P Global expects home insurance rates to be ‘heavily impacted’ by LA wildfiresMarketWatch - Jan. 24 -
Trump is searching for potential TikTok buyers — who are the likely contenders?
After stepping in to restore TikTok in the U.S. and delaying a law that would effectively ban the app, Trump is looking for avenues to keep the popular platform afloat.CNBC - Jan. 24 -
London mansion sold for £139mn to mystery buyer
The Holme is one of a few private residences located inside Regent’s ParkFinancial Times - Jan. 24 -
Bishop defends plea for mercy made to Trump: 'We're in a particularly harsh moment now'
Bishop Mariann Edgar Budde in an interview late Wednesday defended the recent plea for mercy she made to President Trump that sparked his demand for an apology. “We're in a particularly harsh ...The Hill - Jan. 23 -
TikTok buyers line up as Trump, China signal openness to deal
Potential TikTok buyers are lining up as President Trump and the Chinese government show heightened interest in striking a deal to sell the popular video-sharing platform in the face of a U.S. ...The Hill - Jan. 23 -
US homeowners in disaster-prone states face soaring insurance costs
Climate crisis is making it harder for insurance companies to operate, with many pausing or withdrawing policies. Homeowners in the United States are facing an enormous financial crunch due to the ...The Guardian - Jan. 22 -
Few buyers for India’s new electric cars
Also in this newsletter: Meta’s troubles with the competition commission, and Gautami Gavankar’s mantraFinancial Times - Jan. 21 -
Reeves backs plans for looser limits on mortgage lending
UK chancellor favours proposals by financial regulator for banks to take more risks to boost home ownershipFinancial Times - Jan. 20 -
More homeowners are being denied insurance. The L.A. fires can be a turning point.
Government should focus on these 3 questions to help find solutions.MarketWatch - Jan. 18 -
The ‘January defect’ could slam stocks if buyers don’t step up quick
For the bulls to reassert control, the S&P 500 would have to rally to all-time highs.MarketWatch - Jan. 18 -
Mortgage rules could be eased to boost loans
The £100 limit on contactless cards could also be scrapped, as regulators respond to the prime minister's plea.BBC News - Jan. 17 -
The 'Trump Home Shopping Network' is on the air — buyer beware
Days from taking office, President-elect Trump is hawking a "God Bless the USA Inauguration Day Bible" and other products.The Hill - Jan. 17 -
Mortgage rates rise past a key mark, signaling bad news for home buyers
The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a mortgage.MarketWatch - Jan. 16 -
4 reasons to get preapproved for a mortgage loan this January
If you're entering the home market soon, experts say this is a good time to get pre-approved for a mortgage.CBS News - Jan. 16 -
Small Businesses and Homeowners in My Hometown Are Grappling With California’s Broken Insurance Market
One business owner in Altadena, where I once lived, would love to rebuild. But all of her customers lost their homes.Inc. - Jan. 13 -
Spain proposes 100% tax on property purchases for non-EU buyers
Prime Minister Pedro Sánchez unveils plan to tackle housing crisisFinancial Times - Jan. 13 -
Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.
Rates were supposed to go down — but a strong U.S. economy is getting in the way.MarketWatch - Jan. 11 -
California homeowners battle an 'insurance crisis' as wildfires burn out of control
The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is ...NBC News - Jan. 10 -
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - Jan. 10 -
U.S. Buyers Group to Bid for TikTok Assets as Supreme Court Decision Nears
Billionaire Frank McCourt’s Project Liberty and several partners offered few details on their plan to buy the U.S. assets of the platform, announced the day before the high court will decide its fate.Inc. - Jan. 10 -
UK debt market sell-off threatens mortgage pain for households
Some 700,000 borrowers face jump in repayments when fixed-rate deals end this yearFinancial Times - Jan. 10 -
Thousands of L.A. homeowners do not have insurance amid fires
Thousands of Los Angeles homeowners do not have home insurance. Several private insurers in California have either raised prices or completely removed their coverage in at-risk areas. Business ...CBS News - Jan. 9 -
Before the Palisades Fire, many of those homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.CBS News - Jan. 9 -
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.The New York Times - Jan. 9 -
5 ways to save on your mortgage payments this January, according to experts
Saving on mortgage payments could help you start the new year strong. Here's how to get started.CBS News - Jan. 9 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8 -
Here's where mortgage rates could be headed in 2025
Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.The Hill - Jan. 8