Homeowners in California might be facing a steep increase in their insurance costs. The California FAIR Plan, the state’s insurer of last resort, is seeking an average rate hike of 35.8%. If granted, this would be the largest hike recorded by the FAIR Plan in several years. This proposed rate hike would be the largest […]
California FAIR Plan seeks insurance premium hike of nearly 36% Read More »
As the mortgage banking landscape evolves, industry leaders shared their approaches to playing offense as they try to balance new technology and a complex lending environment. At HousingWire’s Mortgage Banking Summit on Tuesday, Misti Snow, SVP of operations at Better and Sasha Stair, Xactus‘ chief marketing officer, shared that as the mortgage sector is experiencing
Better, Xactus executives on balancing innovation with consumer needs Read More »
With mortgage rates lingering above 6%, buyers with ready cash continue to dominate both the lowest and highest ends of the housing market. Roughly one-third of all home sales in the first half of 2025 were completed entirely with cash, according to a new report from Realtor.com. That figure represents only a 0.6% decline from
All-cash home sales hold strong as high mortgage rates persist Read More »