News
Chicago Fed sees insurance affordability gap for Midwest homeowners
5+ hour, 40+ min ago (530+ words) Surging homeowners insurance premiums have posed a persistent threat to housing affordability over the past year, with costs rising faster than incomes in several states, hitting lower-income households the hardest. That's according to a new study from the Federal Reserve…...
Title insurers see premiums jump, payouts fall in first quarter
6+ hour, 29+ min ago (298+ words) A strong year of growth for title insurers in 2025 continued into the first three months of 2026, despite lagging home sales, the American Land Title Association (ALTA) reported Monday. Carriers generated $4. 5 billion in title insurance premiums during the first quarter, an…...
Title insurance industry posts bumper year in 2025
3+ week, 3+ day ago (579+ words) Piggybacking on steadily recovering mortgage origination volumes last year, title insurers generated a notable annual increase in policy premiums in 2025, new data indicates. A decline in claims paid out from the previous year helped underwriters consolidate the gains and drive…...
Homeowners insurance premiums see first deceleration since 2019
3+ week, 3+ day ago (13+ words) But premiums still rose an average of 9. 2% last year: Rate Insurance study...
MBA calls for overhaul of FHA reverse mortgage programs
6+ mon, 2+ week ago (310+ words) A letter sent to FHA and Ginnie Mae leadership underscores prohibitive upfront HECM costs and servicing losses...
Homeowners insurance premiums soar between 2021 and 2025, new study shows
1+ mon, 2+ week ago (404+ words) Homeowners saw their annual insurance premiums increase 64% on average between 2021 and 2025, according to a new study released by Newrez on Thursday. The average homeowners insurance premium jumped from $1, 597 to $2, 625 during that period, with double-digit increases between 2022 and 2024, reported Newrez, a…...
Homeowners insurance premiums rise to record level in 2025
3+ mon, 5+ day ago (513+ words) Average monthly homeowners insurance premiums reached $201 last year, the highest level on record. That works out to $2, 412 annually, which is a $149 or 6. 6% increase from 2024. Average premiums had risen by 13. 8% in 2024, 13. 7% in 2023, 11. 6% in 2022 and 7. 4% in 2021. The less dramatic increase reflects slower…...
Rising taxes and homeowners insurance undermine affordability " even in buyer-friendly markets
3+ mon, 1+ week ago (592+ words) A new analysis published by Neighbors Bank indicates that escrow costs heading into 2026 continued to consume a larger portion of households" monthly mortgage payments compared to historical norms. Taxes and insurance now account for 21% of homeowners" monthly mortgage payments across…...
Partial government shutdown freezes NFIP flood insurance, disrupts HUD operations
4+ mon, 1+ week ago (441+ words) The partial federal government shutdown entered its third day on Monday, bringing with it a familiar headache for the mortgage industry: a potential suspension of the National Flood Insurance Program (NFIP) and disruptions to the Department of Housing and Urban…...
Why standard insurance is not enough to protect properties from nature's wrath - Scotsman Guide
5+ mon, 2+ week ago (1578+ words) By Theodore (Ted) Patestos Many real estate investors assume standard insurance packages will protect their assets during a crisis. Unfortunately, many discover too late that the blanket they thought was protecting them had gaps. As a result, they find themselves…...