Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about high insurance costs. Affordability is becoming a big problem in the United States. Insurance and property taxes have been driven up in the last few years, and according to today's article from Insurance Business Magazine, "Insurance could kill mortgages in some of the US - Powell."

In the recent Fed meeting Powell commented on insurance, and how it's increased more than normal the last few years. This is largely due to regions around the gulf, California, Texas and Florida who have an increasing amount of weather events. The insurers in these regions have to share the costs amongst all of the areas they cover, but at some point they can't stay competitive, so we are seeing insurance carriers pulling out of these regions altogether. This is a considerable factor in the affordability piece of buying a home right now.

Hopefully, the market finds solutions for this insurance problem soon. But, in the meantime we suggest you find a trusted insurance advisor who will take care of your clients. Listen in as we discuss this and more!

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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about the CFPB. It was established by congress to oversee lenders and give access to consumers to learn about mortgage lending, and make complaints.

Tensions have come up in recent years, because it's led by one director and many believe it has become out of hand. Don't get us wrong, lenders in the business are better because of the CFPB, but they have gone past their core mission of serving consumers, by antagonizing lenders. The push now is to de-mantle the CFPB.

Core question: without CFPB, are consumers still protected? Yes, the states all have regulatory bodies, but there is no central body. Leading to lots of different rules, and making it hard to stay compliant.

Listen in as we discuss this and more!

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Grow Your Business: https://join.nflp.com/
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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation.

Visit our website at nflp.com/licenses for all state licensing and other legal information.

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site.

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about tariffs and trade wars. It's been a crazy first couple of weeks with this new administration. Today's article from Morningstar talks about the possibilities of tariffs and what that could mean for us: "Buying a house admid the trade war? Here's what you can expect from mortgage rates."

Some results of tariffs could include an immediate rise in the cost of building supplies like lumbar, and possibly a rise in inflation. There is some disagreement on this, but most economists say tariffs are inflationary.

We are good for the next 30 days since Canada, Mexico and the USA have a temporary agreement, but if tariffs do happen, and we see inflation, then the fed would get involved and there could be a possible rate bump. Essentially, we could see interest rates rise, if tariffs come into play.

Listen in as we discuss this and more!

______

Grow Your Business: https://join.nflp.com/
______

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation.

Visit our website at nflp.com/licenses for all state licensing and other legal information.

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site.

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.