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The soaring prices of insurance and energy have dealt a two-pronged blow to homeowners’ wallets, with no relief in sight. Nationwide, home insurance premiums have surged by an average of 21% year-on-year, as of May 2023, equating to an annual increase of $244 per household. In the face of mounting challenges, knowledge is power.
Ex- Federal Housing Finance Administration Director Mark Calabria said it would likely take several years before Republicans could return the companies to the private sector. He put the odds of it happening in 2027. This is] similar to the way the Federal Deposit Insurance Corp.
For anyone wondering what a Democratic or Republican presidential administration might look like for the housingmarket in 2025 and beyond, industry experts can provide some insights based on their experience in government, proximity to D.C. or decades in the private sector. FDIC) and the FHFA. It hasn’t changed since 1997.
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