Daylight Savings Time Is Back – and So Is the Debate
The time “springs forward” at 2 a.m. Sunday, but lawmakers still want Fla. to keep it year-round so visitors can enjoy an extra hour of evening daylight all winter.
Free Credit Report Offers Extended – Complaints Have Increased
Equifax, TransUnion and Experian will provide free credit reports weekly through April 20, 2022. Complaints about credit-scoring issues doubled during the pandemic.
The Problem with Low Mortgage Rates? Sellers Who Won’t Move
Couples with a 2.7% mortgage may want to downsize after children leave yet find it cheaper to stay put. If so, it would further limit the tight home-sale inventory.
Mortgage Rates Moved Slightly Higher Again to 3.05%
This week’s 3.05% for an average 30-year, fixed-rate mortgage is only slightly higher than last week’s 3.02%, but it’s the second week in a row to top the 3% mark.
Mortgage ‘Flexibilities’ Extended to May – but Likely Last Time
FHFA extended mortgage-approval changes added during the pandemic – such as alternatives to appraisals and alternate methods to verify income and employment – through April 30. But the agency said that’s likely the last time it will do so, at least for some of the temporary easements.
Study: Lowest-Income Homeowners Pay More Property Taxes
A University of Chicago study found that property valued in the bottom 10% in a metro generally averaged an effective tax rate double of those in the top 10%.