Mortgage rates rise past a key mark, signaling bad news for home buyers
Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to the highest level since May 2024. It averaged 7.04% as of Jan. 16, according to data released by Freddie Mac on Thursday.
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We bought our dream home in Georgia last year - but recently discovered a $10,000 lien that was missed in the title search.
You've just bought your dream home. Now it's time to outfit the place, meet the neighbors and settle in. But your new space holds an expensive secret: The title search missed a $10,000 lien placed on the home long ago - and now you're suddenly responsible for paying off someone else's debt. Even worse: You have just 60 days to do it.
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Wisconsin Tribe Plans Nightly Road Closures in Easement Dispute
The Lac du Flambeau Band of Lake Superior Chippewa will reinstate nighttime barricades on multiple roads within their reservation, reigniting tensions with the town of Lac du Flambeau. Starting Jan. 16, roads will be barricaded nightly from 10 p.m. to 6 a.m., a move the tribe says is necessary due to the town's failure to pay for expired easements on tribal land.
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Tennessee-based mortgage lender confirms December cyberattack
One of the largest mortgage lenders in the Southeast U.S. said it suffered a cybersecurity incident last month that exposed troves of customer information. Tennessee-based Mortgage Investors Group (MIG) did not outline how many customers were impacted by the attack but said they have hired a vendor to identify the affected individuals. The company said it expects to notify those customers directly once the process is completed in several weeks.
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AmTrust Title adds Steven Presley as Florida State Counsel
Presley brings over ten years of industry experience in the title and real estate law industries, with a track record in underwriting, risk assessment, and title insurance education. In his new role, Presley will oversee underwriting initiatives, assist agents in resolving complex title issues, and play a key role in developing innovative training and educational programs.
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Kuderer sworn in as Insurance Commissioner
"I'm excited to get started and join the dedicated employees at the Office of the Insurance Commissioner," said Kuderer. "I know firsthand how vital insurance can be in critical moments of your life and how frightening it can be when your claim is denied. For years, people have come to this office for help and support. I'm looking forward to expanding the services we provide and getting out of Olympia to hear directly from people in their own communities."
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