HOUSING CRISIS ALERT: Rising Insurance Costs And Property Taxes Are Triggering Mortgage Delinquencies HOUSING CRISIS ALERT! An Auction.com survey found the rising costs of insurance costs and property taxes are contributed to rise in delinquencies. This is not good news. It could create a housing crisis bigger than 2008. What poses the greatest threat to
HOUSING CRISIS ALERT: Rising Costs Are Triggering Lates Read Post »
The CFPB And DOJ Has Sued A Developer For Targeting Hispanic Consumers With Predatory Loans And Misleading Ads DOJ has sued developer Colony Ridge. The Department of Justice and the CFPB have alleged Colony Ridge specifically targeted Hispanic consumers with predatory lending practices and misleading advertising. In addition, the DOJ and CFPB claim the developer
DOJ Has Sued Developer For Scamming Hispanic Consumers Read Post »
Fannie Mae Predicts Dark Days Ahead For The Housing Market Fannie Mae predicts things will get worse for the housing market and mortgage industry before it gets better. A group of economists at Fannie Mae slashed their forecast for 2022 home sales this week. Fannie Mae’s Economic and Strategic Research Group expects total home sales to
Fannie Mae Predicts Dark Days Ahead For The Housing Market Read Post »
Post Pandemic Surging Mortgage Rates Are Driving Home Buyers From The Market Causing Prices To Plummet Surging mortgage rates are making an already tough U.S. real estate market for prospective buyers even tougher. They have faced double-digit price increases and cutthroat competition for listed properties. Now they are facing another challenge of rising mortgage rates.
Surging Mortgage Rates Are Causing Sales To Plummet Read Post »
