Good morning! Today is Monday, October 26. The Senate is scheduled to vote on the Supreme Court confirmation of Amy Coney Barrett tonight. The Chief of Staff and other close aides for Vice President Mike Pence tested positive for Covid-19, while the vice president tested negative. Facebook is preparing emergency measures for potential election unrest.
And in mortgage and housing news …
REVERSE MORTGAGE RISK: How reverse mortgages could backfire for many retirees.
REFINANCE ADVANTAGE: How to score one of the lowest mortgage rates for your refinance.
FAIR HOUSING TOOL: A lawsuit alleges that a new federal rule will make it harder to challenge discriminationin the housing industry.
FINANCIAL HEALTH: Credit scores are at a record high, but American consumers are not OK.
GETTING TO 800: How to boost your credit score in a difficult economy.
GUARANTEED RATE BOWL: The Cactus Bowl is now the Guaranteed Rate Bowl, changing its name to match its new sponsor, Guaranteed Rate, one of the largest retail mortgage lenders in the United States.
HOME BUILDERS: Housing stocks tumbled despite ongoing demand and high prices.
URBAN LUXURY: Millionaires aren’t selling their luxury homes in the city.
TINY WINDOWS: President Trump has made several references to “tiny windows.” Are they part of a Green New Deal mandate?
DEBT CANCELLATION: What you should know about taxes when you can’t pay your bills.
FALSE CLAIMS ACT: San Diego-Based Guild Mortgage Co. will pay $25 million to settle allegations over bad loans and customer defaults that resulted FHA mortgage insurance claims.
COVID ECONOMY: Many Americans are finding ways to survive in a COVID economy. However, savings used to pay for priorities like mortgages are running out.