HousingWireHousingWire The state of Montana has been more heavily promoting its state-based Reverse Annuity Mortgage (RAM) program for seniors. Unspent funds allocated to the program can be put to use by assisting the state’s older residents with reverse mortgage financing at a relatively low interest rate when compared to either…
Continue reading →HousingWireHousingWire Unsold inventory of homes for sale has been on the rise all year. It hasn’t turned the corner yet — inventory rose across the country this week — but at less than 1% rate. There are some signs that inventory growth is slowing with newly lower mortgage rates and…
Continue reading →HousingWireHousingWire Compass is already one of the biggest brokerages in New York City — and it just got bigger. The Zweben Team, a high-producing group in Manhattan and Brooklyn, have left Douglas Elliman to join Compass at its headquarters in Manhattan. Led by Carolyn and Paul Zweben, the team has…
Continue reading →HousingWireHousingWire A majority of Americans are seriously concerned that their retirement will be negatively impacted by the rising costs and uncertainty associated with sudden, unexpected and more frequent extreme weather events taking place across the country. This is according to the 2024 Annual Retirement Study from Allianz Life Insurance Company…
Continue reading →HousingWireHousingWire Severe storms, winds and flooding in South Dakota earlier this summer has led President Joe Biden to issue an official disaster declaration for the state, which includes assistance for borrowers of government-insured mortgage financing from the U.S. Department of Housing and Urban Development (HUD). The president declared a state…
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