An Increased Use of ARMs Is Risky for Borrowers

An adjustable-rate loan gives buyers more leverage, but it’s risky if mortgage rates keep rising. Unlike the 2010s, though, there’s little risk to the U.S. economy.

Sotheby CEO’s First Floor Under 7 Feet of Water

Budge Husky, a Realtor and CEO in Naples, was out of state when Hurricane Ian slammed his home on Barefoot Beach, a part of Bonita Springs.

Builders’ Pessimism Grows in Oct.

NAHB: Builder confidence in the market for newly built single-family homes dropped eight points in October to 38 – half the level it was just six months ago.

Lenders to Consider ‘Monthly Cash Flow Activity’

Most loans now consider “on-time rent payments” if buyers agree to monitoring, but this seemingly similar new program could help some independent contractors.