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Property News for 20 March 2023
Mortgage giant Fannie Mae tackles climate risk, but changes to underwriting may take several years
CNBC - 20 Mar 2023 21:46
The mortgage industry is now trying to factor climate risk into its residential underwriting, but the task is enormous and complicated.
What happens during a 'credit crunch' -- and how you can prepare for one
CNBC - 20 Mar 2023 21:18
Banks will likely tighten lending after the collapse of Silicon Valley Bank and Signature Bank, experts said. It may be harder or more costly to get a loan.
The Federal Reserve is still expected to go through with a rate hike. What that means for you
CNBC - 20 Mar 2023 17:34
The Federal Reserve is expected to raise interest rates despite a crisis of confidence in the banking industry. Here's what that means for you.
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