Business
October 04, 2024
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Zillow adds climate risk data to home listings as threats rise

Insured losses for Hurricane Helene are now estimated at over $6 billion, but the uninsured losses are far higher. That’s because the vast majority of homes impacted by the storm, especially in hard-hit North Carolina, did not have flood insurance. New risk-assessment technology is designed to help change that for the future. Most homeowners in […]

Business
October 04, 2024
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Mortgage rates spike after stronger-than-expected jobs report

The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government’s monthly employment report. The rate is now 6.53%, according to Mortgage News Daily. That is 42 basis points higher than Sept. 17, the day before the Federal Reserve cut its benchmark rate by half a percentage […]