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HomeHawaii

Hawaii

foreclosure moratorium
Housing Wire

FHA extends foreclosure moratorium on Hawaiian island of Maui

May 6, 2024 Allen Santos Comments Off on FHA extends foreclosure moratorium on Hawaiian island of Maui

​ The Federal Housing Administration (FHA) on Friday published Mortgagee Letter 2024-08, which extends a foreclosure moratorium on the Hawaiian island of Maui through Aug. 4, 2024, for FHA-insured forward mortgages and Home Equity Conversion […]

Shohei Ohtani
New York Post

Baseball sensation Shohei Ohtani is building his dream oceanfront home in Hawaii

April 22, 2024 Mariel Alumit Comments Off on Baseball sensation Shohei Ohtani is building his dream oceanfront home in Hawaii

Big league sensation Shohei Ohtani, known for his dual prowess in pitching and hitting, has secured a sweet deal on the island of Hawaii, becoming the inaugural resident of a high-end community there. With endorsement […]

HUD
Housing Wire

HUD announces new aid for Maui, Native Hawaiians

February 14, 2024 kingstu Comments Off on HUD announces new aid for Maui, Native Hawaiians

​ The U.S. Department of Housing and Urban Development (HUD) announced a series of new relief measures for residents of the state of Hawaii. One measure is targeted specifically for the island of Maui — […]

Hawaii
New York Post

This famed author’s former Hawaii home seeks to turn a new page for $8.9M

January 31, 2024 Mariel Alumit Comments Off on This famed author’s former Hawaii home seeks to turn a new page for $8.9M

This oceanfront Hawaii home has snorkeling — and writing — vibes, and it’s now on the market for $8.9 million. The modern home was formerly owned by lawyer-turned-bestselling writer Kristin Hannah, author of more than […]

volcanic
New York Post

People are rushing to buy property near a Hawaiian volcanic site that last erupted in 2018

January 22, 2024 Mariel Alumit Comments Off on People are rushing to buy property near a Hawaiian volcanic site that last erupted in 2018

In 2018, a catastrophic volcanic eruption turned Hawaii’s Puna District into a disaster zone, swallowing more than 700 homes and displacing thousands in a slow-motion calamity. Fast forward to today, and Puna is Hawaii’s fastest-growing […]

Mark Zuckerberg
New York Post

Mark Zuckerberg building $100M Hawaii compound with massive underground bunker: report

December 15, 2023 Mariel Alumit Comments Off on Mark Zuckerberg building $100M Hawaii compound with massive underground bunker: report

He’s building a Zuckerbunker. Mark Zuckerberg is reportedly building a sprawling $100 million Hawaii compound — complete with an underground bunker and its own food and energy sources — in a secret project suggesting the […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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