National News

Jan. 11, 2021

Experts: Mortgage Rates Have Probably Hit Bottom

At 2.65%, the average 30-year, FRM hit its 17th record low in less than a year. But experts predict an increase soon as the “forces behind the drop” shift.

WASHINGTON – On Jan. 7, Freddie Mac reported that the average 30-year fixed mortgage rate fell to 2.65% – ...

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Jan. 6, 2021

2 out of 5 CEOs Predict Full Recovery in 2021

How long will an economic rebound take once the nation moves past COVID-19? Many CEOs expect a strong bounce-back once Americans feel safe outside homes.

NEW YORK – More than 40% of company CEOs believe business conditions will recover to pre-pandemic levels in 2021, according to a quarterly survey from ...

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Posted in National News
Dec. 17, 2020

Pandemic Changed Retirement Savings Rules: Review Now

Retirement planning changed in 2020 largely as a way to help savers suddenly facing economic hard times. For one thing, it might be easier to access your money now.

NEW YORK – The COVID-19 pandemic has upended just about everything this year, including retirement planning. Enough new rules governing Individual ...

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Posted in National News
Oct. 22, 2020

5 Credit-Score Mistakes That Last a Long Time

Buyers trying to boost their credit score to secure a mortgage realize some things can be corrected quickly – but others hang onto a credit score for years.

NEW YORK – Some credit mistakes are a lot worse than others. Little ones, like paying a credit card bill a day ...

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Posted in National News
Oct. 20, 2020

CDC: Eviction Ban Stops Only Physical Tenant Removal

The U.S. Center for Disease Control issued a list of frequently asked questions about the eviction moratorium, including that the judicial process can be “carried out according to state and local laws and rules," and “eviction does not include foreclosure on a home mortgage.”

WASHINGTON – The U ...

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Posted in National News
June 29, 2020

Will Your Homeowner’s Insurance Weather a Hurricane?

June 28 was National Insurance Awareness Day – a reminder for homeowners to check their current policies and coverages as the nation faces the 2020 hurricane season.

NAPLES, Fla. – This year is shaping up to be memorable in so many ways, including a predicted above-normal 2020 Atlantic hurricane season ...

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Posted in National News
June 16, 2020

FSU Study: 15.2% of U.S. Small Businesses Won’t Be Back

A survey of small U.S. businesses and nonprofits found that 14.5% closed temporarily and 31% are operating below 40% capacity. But Fla. businesses weren’t hurt as much.

TALLAHASSEE, Fla. – A survey of U.S. small businesses by Florida State University (FSU) researchers found that 15.2% of ...

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Posted in National News
June 15, 2020

SCOTUS Affirms Federal Nondiscrimination Protections for LGBTQ People

Today, the law, justice, and fairness are on our side.

In an historic 6-3 decision, the U.S. Supreme Court ruled that Title VII of the Civil Rights Act of 1964, the federal law that prohibits discrimination on the basis sex, also protects employees from discrimination based on their sexual ...

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Posted in National News
May 13, 2020

Got Flood Insurance? Hurricane Season Starts in 20 Days

Only 22% of Floridians have flood coverage. Most new policies have a 30-day wait with exceptions for new sales, but owners who must renew have a 120-day grace period.

ORLANDO, Fla. – With hurricane season on the horizon the time is now to prepare.

Among a homeowner’s preparation checklist is ...

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Posted in National News
April 20, 2020

Foreclosure Rates Hit Generational Low Before Coronavirus

While the pandemic has sparked economic fears, the housing market started from a position of strength: According to CoreLogic, Jan. foreclosures fell to a 20-year low.

NEW YORK – Mortgage delinquencies in January fell to their lowest level in more than 20 years, driven by a strong job market and ...

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