“It is unacceptable that Oklahomans are paying rising homeowners insurance premiums yet receiving less protection in return,” Attorney General Gentner Drummond said.
More than a dozen lawsuits accuse a Long Island investor of selling homes before clearing their mortgages, leaving buyers facing foreclosure years later.
“The core problem is the interaction of three things happening simultaneously,” explains Hannah Jones, senior economist at Realtor.com®, pointing to high mortgage rates, slowing appreciation, and a whirlwind of rising carrying costs such as property taxes, insurance, and maintenance.