Mortgage delinquencies are rising as homeownership costs pile up
Rising property taxes, insurance payments and growing delinquencies are eroding the promise of long-term stability in homeownership, according to a new blog from Cotality.The post revealed that across the country, more people are starting to fall behind on their mortgages due to the post-purchase co
Trump administration ‘effectively disbands’ the PAVE task force
The Trump administration announced Thursday that it has ended the major policy provisions of the Biden-era Property Appraisal and Valuation Equity (PAVE) task force, “effectively disbanding” a program that sought to eliminate racial bias in the appraisal process.The directive primarily applies to tw
‘Dating the rate’ misled borrowers. Now they’re financially strained
“Marry the house, date the rate” is a phrase that was popularized during the post-pandemic era of rising mortgage rates. Lenders urged borrowers to focus on finding a house they were head over heels with and worry about their interest rate down the line.Borrowers who were accustomed to rates hoverin
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