For the third straight week, mortgage rates fell; mortgage applications increased by 11 percent, while application payments decreased by 3.9 percent; pending home sales inched up 0.6 percent; home prices continue to reach all-time highs, although they have begun to decelerate on a monthly basis; and with lower rates and more inventory, the market is […]
Latest News Author: Vanessa Naso
Overview Due to Tropical Storm Debby in Georgia, FEMA has declared the following counties a disaster. Incident Period: August 4, 2024 - August 20, 2024 State FEMA Disaster Declaration Counties Georgia 09/24/2024 Bryan, Bulloch, Chatham, Effingham, Evans, Liberty, Long, and Screven Re-Inspection by Product Type If your loan is … A re-inspection is required … […]
Overview Due to severe storms, flooding, landslides and mudslides in Vermont, FEMA has declared the following counties a disaster. Incident Period: July 29, 2024 - July 31, 2024 State FEMA Disaster Declaration Counties Vermont 09/26/2024 Caledonia, Essex, and Orleans Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these […]
Overview Due to Hurricane Francine in Louisiana, FEMA has declared the following parishes a disaster. Updated parishes are listed in bold. Incident Period: September 9, 2024 - September 12, 2024 State FEMA Disaster Declaration Parishes Louisiana 09/16/2024 Ascension, Assumption, Jefferson, Lafourche, St. Charles, St. James, St. John the Baptist, St. Mary and Terrebonne Re-Inspection by […]
Overview Due to severe storms, tornadoes, straight-line winds, and flooding in Illinois, FEMA has declared the following counties a disaster. Incident Period: July 13, 2024 - July 16, 2024 State FEMA Disaster Declaration Counties Illinois 09/20/2024 Cook, Fulton, Henry, Saint Clair, Washington, Will, and Winnebago Re-Inspection by Product Type If your loan is … A […]
Overview Due to severe storms, flooding, landslides, and mudslides in Connecticut, FEMA has declared the following counties a disaster. Incident Period: August 18, 2024 - August 19, 2024 State FEMA Disaster Declaration Counties Connecticut 09/20/2024 Fairfield, Litchfield and New Haven Re-Inspection by Product Type If your loan is … A re-inspection is required … Under […]
This week, the Federal Reserve announced a half-point rate cut; mortgage rates continue to drop and housing starts are increasing; housing payments posted the biggest decline in four years; mortgage applications increased 4.4 percent; 2024 will close with the slowest pace of sales since 1995; and there’s a growing sense of optimism as we’re closing […]
Overview Due to Hurricane Francine in Louisiana, FEMA has declared the following parishes a disaster. Incident Period: September 9, 2024 - September 12, 2024 State FEMA Disaster Declaration Parishes Louisiana 09/16/2024 Ascension, Assumption, Lafourche, St. Charles, St. James, St. John the Baptist, St. Mary and Terrebonne Re-Inspection by Product Type If your loan is … […]
Overview Due to Hurricane Debby in Florida, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: August 1, 2024 – August 27, 2024 State FEMA Disaster Declaration Counties Florida 08/10/2024 Alachua, Baker, Citrus, Columbia, Dixie, Gilchrist, Hamilton, Hillsborough, Jefferson, Lafayette, Levy, Madison, Manatee, Pinellas, Sarasota, Suwannee and Taylor […]
This week, mortgage rates fell to their lowest level since February 2023; both mortgage applications and credit availability increased; refinancing is beginning to pick up as originations doubled in August, accounting for 26% of total mortgage loan production; homeowners now have more than $32 trillion in home equity – a record high; and median prices […]