Water damage, including mold, accounts for about a quarter of homeowners insurance losses, data shows. But consumers may find their insurance policy caps or excludes it.
Stephen Kim, Evercore ISI head of housing research, joins ‘Money Movers’ to discuss the Fed’s rate path impact on the housing sector, why homebuilder stocks are incredibly cheap, and what investors should buy at today’s levels.
High interests have not only hit home buying but also home remodeling. But is it finally turning around? CNBC’s Diana Olick joins ‘Squawk Box’ with more.
Mortgage interest rates dropped last week to the lowest level since May 2023, causing a surge in mortgage demand from both homebuyers and especially current homeowners.
Jay Bray, Mr. Cooper Group chairman and CEO, joins ‘The Exchange’ to discuss the recent drop in mortgage rates and what this means for homeowners, the economy, and more.