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Florida and California Homeowners Report Higher Level of Problems with Insurance Carriers
Increased levels of natural disaster risks have prompted many insurers to stop doing business in Florida and California. Continue Reading Florida and California Homeowners Report Higher Level of Problems with Insurance Carriers
Mortgage Application Activity Rises Again
The seasonally adjusted Purchase Index increased 5% from one week earlier and the unadjusted index was up by 6%. Continue Reading Mortgage Application Activity Rises Again
Blackstone Seeks Buyer for Motel 6 Lodging Chain
G6 Hospitality, which also owns the Studio 6 brand of extended-stay hotels, operates 1,400 locations across North America. Continue Reading Blackstone Seeks Buyer for Motel 6 Lodging Chain
Red Lobster Reportedly Considering Bankruptcy Filing
Red Lobster has 649 restaurants, primarily in the U.S. and Canada. Continue Reading Red Lobster Reportedly Considering Bankruptcy Filing
Powell Backpedals on Rate Cuts, Citing Stubborn Inflation
Powell insisted rates would remain at their current 23-year high “as long as needed.” Continue Reading Powell Backpedals on Rate Cuts, Citing Stubborn Inflation
New Home Purchase Mortgage Applications Up 6.2%
The average loan size for new homes was $405,400 in March. Continue Reading New Home Purchase Mortgage Applications Up 6.2%
