Mortgage rates jumped sharply higher on Tuesday in response to weakness driven by geopolitical events and overseas financial markets. After hitting lows of 5.99% for a few hours on January 9th and spending last week in the low 6’s, the average top tier 30yr fixed rate is back up to 6.21% today. This matches the […]
Mortgage Rates Jump to Match Highest Levels in Nearly a Month Read More »
News of Pres. Trump’s upcoming remarks on housing at the World Economic Forum in Davos, Switzerland have stirred fresh speculation about the future of Fannie Mae and Freddie Mac, even as analysts say major policy shifts remain uncertain. Processing Content An exit from conservatorship for the government-sponsored enterprises is not expected to be part of
What Trump might say about housing during Davos meeting Read More »
Takeaways: Processing Content Penalties for claims payment delays are not retroactive Provisions duplicate existing regulations Practical aspects of adjusting claims not accounted for California’s latest legislation and newest laws regarding the home insurance market will not have much impact, for several reasons, according to attorneys representing both policyholders and insurers. Policyholder attorneys and advocates call
California insurance regulation will need more enforcement, experts say Read More »