Category Archives: Real Estate News

Home builders: Best in years and getting better

All but one region saw a gain in its three-month moving average on the NAHB index in August. The Midwest and West each posted six-point increases, to 60 and 57, respectively, while the South posted a four-point gain to 54 … Continue reading

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Overdevelopment widens Florida sinkhole problem

The insurance industry in Florida has taken note. Florida law requires insurers to cover “catastrophic ground collapse,” and many homeowners buy additional riders to cover more minor damage. “The number of insurance claims for sinkhole damage has increased significantly over … Continue reading

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Mortgage rates same for loans big and small

“It’s a confluence of events, really, and all of them help the spread between jumbo and conventional loans,” said Matthew Graham, COO of Mortgage News Daily. “Nonagency jumbo lenders began dipping their toes in the water as early as 2011, … Continue reading

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Private mortgage insurers back in black post-crash

There are now six private mortgage insurers, which together wrote nearly $49 billion in new business in the second quarter, up 27 percent from the first quarter, according to data from Inside Mortgage Finance. Of the publicly traded insurers, MGIC, … Continue reading

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Mortgage rate spike finally hits housing market

While buyers may be pausing, however, their optimism is not. Americans are increasingly hopeful about housing’s return. Sixty-two percent believe mortgage rates will go up over the next year, according to a new Fannie Mae survey, but 74 percent also … Continue reading

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