News

  • Fixed Mortgage Rates Rise

    Recently, fixed-rate mortgage rates moved up slightly higher. According to Freddie Mac, the average interest rate at the end of May/beginning of June was 4.12%. Last week, lenders offered 30-year loans at an average rate of 4.14%. The rise occurred […]

  • Older Americans Facing Substantial Mortgage Debt

    A few decades ago, homeowners could retire without a mortgage. They could enjoy the golden years of their life. But the refinancing trend resulted in a great deal of mortgage debt. Many people also bought homes later in life, and […]

  • Flood Insurance Program Leaves Agents Confused and Flood Communities Heartbroken

    The Federal government’s National Flood Insurance Program held a lot of promise but in the recent past, things seem to have gone horribly wrong. Now the highly anticipated changes that were expected to address the growing Program deficit have been […]

  • What Measures are Required to Encourage Private Insurers to Provide Flood...

    Private insurers want to provide flood insurance. However, neither the political administration in the US nor the consumers seem to be interested in full-cost based insurance plans. The National Flood Insurance Program (NFIP) has run up a debt of $24 […]

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