Just before 1 a.m. Thursday morning, Hurricane Laura made landfall near Cameron, Louisiana with maximum sustained winds of 150 mph. Catastrophic storm surge and wind have swept southwest Louisiana overnight. As of the 13.00 hrs advice, Laura is now a tropical storm and has sustained winds of 65mph. Further east …
Read More »More lightning could strike in Bay Area, prompting ‘fire department’ requests
Firefighters are scrambling to bring dozens of wildfires under control in the Bay Area in support of an upcoming weather front that brings the possibility of more devastating lightning strikes. Unstable air from an impending tropical storm moving into Mexico could create lightning strikes on tinder-dry land, similar to what …
Read More »Mortgage rates of at least 90 days stand at the highest level in 10 years
The number of serious mortgage outages rose to 10 in July, according to a report released Friday by financial firm Black Knight. The number of homes with mortgage payments more than 90 days to pay, but not in anticipation, rose in July by 376,000 to a total of 2.25 million, …
Read More »Mortgage rates grow more than 8% after 9 years, as the coronavirus pandemic hits a corner of the housing market
Tommaso Boddi / Getty Images Crime for mortgages increased a seasonally adjusted 8.22% in the second quarter to a high of nine, according to a Monday report by the Association of Mortgage Bankers. The nearly 4% jump from the previous quarter was the largest in the survey’s history, according to …
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