After flatlining for much of the spring, credit availability last month fell to its lowest point since late 2025, as lenders pulled back on federal lending programs, according to the latest report from the Mortgage Bankers Association. Processing Content The trade group’s Mortgage Credit Availability Index dropped 2% to a reading of 105.8 in June, […]
Mortgage credit at its tightest since December 2025 Read More »
Extreme weather disasters, along with inflation, are elevating the cost of home insurance across the country, a new industry report found. Processing Content Home insurance makes up 8.5% of typical monthly housing costs for homeowners with a mortgage nationwide, which equates to $200 of an estimated total monthly housing cost of $2,354, according to LendingTree.
Insurance now eats up 8.5% of housing costs: report Read More »
For most consumers, a real estate closing is supposed to be the finish line. The paperwork is signed, the funds are transferred and the transaction moves forward. But for title and settlement professionals, one of the most frustrating realities is that even when everyone does their job correctly, a closing can still be disrupted by
Other states should follow New York’s payoff fix Read More »