In the news

May home construction slips 0.9%

Construction dropped in every region except the South, which includes Fla., where it rose by 11.2%. NAHB economist says prices remain high relative to incomes.

Lenders must accept private flood insurance policies after July 1

Buyers may have another option if national flood insurance expires again, because a federal law forces mortgage lenders to accept private coverage after July 1 if it satisfies criteria outlined in the Biggert-Waters Flood Insurance Reform Act of 2012.
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