Social Security COLA on track for smaller increase in 2025

Recipients of the federal Social Security benefits program are on track to receive a 2.5% cost-of-living adjustment (COLA) in 2025, a smaller increase than in recent years as the bite of inflation loosens its grip. A forecast released last week by The Senior Citizens League (TSCL) arrived just ahead
Read MoreSurvey: HousingWire readers have a pulse on the housing market

Real estate and mortgage professionals: Your voice matters! Fill out the 5 minute survey today! Each quarter, HousingWire will tally the results and compile a report to gauge the market and provide you with valuable market trends, opportunities, and challenges. There is much to learn about the chall
Read MoreHelping condo boards stay afloat during the storms of September

In 2024, the United States has already battled a year of extremes from tornadoes, hurricanes and flash flooding. Watery catastrophes have become far more and condo flooding is on the rise. September tends to be the most active month of the hurricane season. Of storms recorded in the Atlantic over ti
Read MorePennymac increases its conforming loan limit to $802,650

In what has become a familiar fall ritual, mortgage lenders are increasing their conforming loan limits months ahead of the FHFA’s official announcement. On Friday, Pennymac joined Rocket Pro TPO in announcing an increase in their conforming loan limit to $802,650 — before the expected increase by t
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