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A new report put today’s home- ownership rate at a 12 year high. But can home buying data during COVID be trusted? Experts are skeptical. Original Article Posted at : https://themortgagereports.com/68135/homeownership-reported-at-12-year-high-during-covid
Read MoreMortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall. Original Article Posted at : https://themortgagereports.com/68404/mortgage-rates-today-august-11-2020-plus-lock-recommendations
Read MoreCayman Islands based reinsurance firm Oxbridge Re Ltd. has renewed its fully-collateralised reinsurance sidecar vehicle Oxbridge Re NS Ltd. for 2020 at a downsized amount of just $216,000. Oxbridge Re first entered the insurance-linked securities (ILS) market with a quota share retrocessional reinsurance sidecar arrangement in June 2018, with a $2 million transaction completed with…
Read MoreOh, how we all learn and change with our experiences. It’s one of the greatest things in life that most of us (hopefully) are not the same person now that we were a few years ago. Looking back to when I first become a physician at the age of 22 (yes, that’s the typical age…
Read MoreFollowing weeks of impasse in Congress over continuing coronavirus-related financial aid, President Donald Trump took several executive actions on Saturday. The three new executive memoranda and a new executive order issued over the weekend cover a variety of relief measures, including continuing — but reducing — enhanced unemployment benefits. But confusion remains about the timing…
Read MoreThe insurance and reinsurance market-wide loss related to the February 2020 European windstorm Ciara, also known as Sabine and Elsa, is now estimated to be around EUR 1.611 billion by PERILS AG, an increase of roughly 4% on its first report on the storm. Back in March PERILS estimated the impacts from European windstorm Ciara,…
Read MoreThe eventual insurance and reinsurance market loss from last week’s devastating explosion in the port area of Beirut, Lebanon is seen as around 30% of an estimated $5 billion to $10 billion economic cost, by the country’s insurance association. Source: AP Photo/Hussein Malla Speaking to local media, Elie Tarabay, the President of the Association of…
Read MoreObesity has been a national epidemic for decades. But the coronavirus may have ratcheted up the danger. Some experts worry that any COVID-19 vaccine that emerges may not work in people who are obese. It's not the usual blah, blah, blah. Click here to sign up for our free newsletter. Raza Shaikh, an associate professor…
Read MoreMost Americans with credit card debt — 62% — worry that they won’t be able to make a minimum credit card payment sometime in the next three months if the coronavirus pandemic rages on, according to a new survey. It's not the usual blah, blah, blah. Click here to sign up for our free newsletter.…
Read MoreWe’re hosting a live webcast on September 10th 2020, featuring senior reinsurance and insurance-linked securities (ILS) market executives discussing the state of play and the outlook for 2021. Register online here to secure your place at this free webcast event. At this time of year all eyes are beginning to turn towards the end of…
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