Property insurance accounts for 9.6% of the average monthly mortgage payment, according to the September Mortgage Monitor published by Intercontinental Exchange Inc. (NYSE: ICE). The average single-family mortgage holder now pays $209 per month for insurance, nearly...
There is a strange contradiction developing in the mortgage market right now, and I think we need to be careful about how we talk about it. By most broad measures, the mortgage system is still in pretty good shape. There is no national foreclosure crisis, there is no...
There are some lessons the mortgage industry learned the hard way. We learned what happens when loans are made without adequately documenting income. We learned what happens when borrowers are qualified into products they do not understand or cannot reasonably afford....
New York City landlords fighting against their mayor’s rent freeze, a study that finds homeownership can be a relationship killer, and a tribute to a colorful San Francisco commercial property executive. From the wild and wooly world of real estate, here are our Hits...
Nationwide protests against data center construction, the expense of living in older houses, and two movie stars stuck with mansions no one wants to buy. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 13-17. Miss: Data...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
