The crucial role of community lending in our nation’s economy

Our economy faces many challenges – persistent high mortgage interest rates, a declining rate of existing home sales, elevated costs for basic goods and services, labor market imbalances, and rising health care costs to name just a few. As a new Administration takes over, dozens of policy prescripti
Read MoreFlorida struggles with affordable housing despite bulking up construction

Despite bolstering its construction activities and the availability of single-family homes, the state of Florida continues to endure shortages in its affordable housing stock that impact the workforce and retirees living on fixed incomes. This is according to a 2024 annual report from the University
Read MoreHawaii Supreme Court rules against insurance companies, $4B settlement to proceed

The Supreme Court of Hawaii this week decided that insurance companies seeking to file their own suits against those deemed responsible for 2023’s devastating wildfires on the island of Maui cannot proceed, paving the way for a $4 billion settlement to continue, according to reporting from the Assoc
Read MoreHomebuyers say they are willing to accept longer mortgage terms

High interest rates and home prices are causing some prospective homebuyers to avoid applying for a mortgage. But despite this trend, some buyers are willing to adjust their loan term expectations to achieve homeownership, according to a recent report by real estate technology company REsimpli. REsi
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