“Wairoa locals are under intense pressure — crippled by high living costs, low incomes, overcrowded housing, and the long tail of climate disasters. The fact that nearly one in five people here are in arrears is a symptom of systemic failure, not personal irresponsibility. “Our own research shows we need at least 420 homes to
Mumbai: Bank credit growth to non-banking financial companies (NBFCs) continues to lose steam, even after the Reserve Bank of India (RBI) rolled back tighter risk-weight norms earlier this year to support the sector. Experts said NBFCs are increasingly turning to bond markets for cheaper and quicker funding, while stress in microfinance and unsecured business loans
San Rafael has approved $600,000 in allocations to three nonprofits in support of their affordable housing projects in the city. The total outlay from the city’s affordable housing trust fund is $100,000 more than what staff initially recommended. The City Council agreed to kick in the extra money after hearing moving testimony from the applicants.
See which national real-estate firms own 7,000 central Ohio rental homes A handful of national landlords have acquired thousands of central Ohio rental homes, raising concerns about their impact on neighborhoods. A handful of national real-estate firms have bought nearly 7,000 central Ohio homes to rent out. Many of the homes are in the fringes
“If fartcoin dips below $0.80 the entire housing market collapses.” Anna Good Posted on June 27 2025 11:00 am CDT Federal housing director orders crypto to count for mortgages, and now people are clowning on it with “fartcoin” memes. Featured Video In a move that instantly set off a wave of online mockery, Federal Housing
But ICS remains expensive compared with its rivals in the market despite the reductions. It also charges existing customers more than new ones. ICS Mortgages, the trading name of Dilosk, said it was cutting its rates by up to 0.15 percentage points. The reductions are across fixed mortgage rates for both new and existing owner-occupier
President Donald Trump said on Wednesday that he is giving “very serious consideration” to taking mortgage giants Fannie Mae and Freddie Mac public, more than 15 years after they were taken under government control to stabilize the U.S. economy in the wake of the 2008 housing market collapse. “I am giving very serious consideration to
Despite the financial stress of Golden State life, Californians are relatively good at paying bills compared with the rest of the nation. Take student loans. In the first quarter of 2025, 18% of California student loans were late. That may seem like a stunningly high rate of skipped payments, but it’s the 10th lowest delinquency
With California short of nearly half a million affordable homes and a slew of projects stalled amid adverse market conditions, Sen. Dave Cortese has proposed a bill that would allow the state to use its credit to insure construction and permanent loans for multifamily housing, giving developers access to more favorable interest terms and letting
Mortgage rates climbed for the second week in a row, denting home affordability in the middle of homebuying season. The average rate on the 30-year fixed-rate mortgage went up seven basis points to 7.01% in the week ending May 15, according to rates provided to NerdWallet by Zillow. A basis point is one one-hundredth of