Mortgage Forbearance Rates Up: Natural Disasters
The Mortgage Bankers Association (MBA) reported an increase in mortgage forbearance rates to 0.27% as of July 31, 2024, from 0.23% the previous month, primarily due to recent natural disasters…..
Month: August 2024
Pull-Forward Effect in Residential Real Estate
There’s a phenomenon commonly referred to as the “pull-forward” effect, in residential real estate. In recent times we witnessed it all-over partially causing home values to rise at an extraordinary….
Climate Change and Insurance Costs
Climate change is causing insurance premiums to rise, as insurers face increasing costs from natural disasters. Many homeowners are underinsured, and state-backed insurers of last resort are struggling to keep….
National Grid Scams
National Grid warns of scammers posing as company reps, using tactics like phone calls and emails to demand immediate payment for fake overdue bills or offer fraudulent discounts. Customers should….