Harvey’s hit to mortgages could be four times worse than predicted—and then there’s Irma

And all FOUR of those cat 3 hurricanes (dennis, Katrina, Rita and Wilma) packed winds higher than Harvey, the cat 4 that flooded Texas. I’d say that 2005 was LOT worse, and much more unusual – we’ve been on a downswing since then, even this year is a major downswing from 2005.

Sharon’s Eclectic Retreat Rocket Mortgage Apollo 11 Sweepstakes The buble in Florida and the mortgage brokers – The Big Short Is New York in the midst of a new real-estate bubble. We met the broker at a two-bedroom in the West 100s. It was a nice enough New York apartment, two bedrooms on a wing off the living room and.

 · But Harvey and Irma still left a total of 103 people dead in the U.S., making 2017 the 17th deadliest hurricane season since 1900. The deadliest natural disaster in.

The average mortgage rate for all borrowers was 4.98 percent, 19 basis points lower than in December. Mortgage rates have risen over the past 12 months, but home buyers caught a.

The January Effect is a phenomenon that makes prices of certain stocks rise more than indices do. In the past 30 years, we have made money from the January Effect about 75% of the time, broken even about 10% of the time, and lost money about 15% of the time.

 · There are 2.08 million mortgaged properties in Irma-related fema disaster areas, more than four times that of Katrina and twice as many as Harvey. Total unpaid mortgage balances for Irma areas are $370 billion. If the correlation worked, there could have been half a million mortgage delinquencies in Florida, but, again, the storms were different. This is not to say, however, that.

Florida Governor Rick Scott: Irma Is An Unbelievable Hurricane · Open Thread Non-Petroleum, Sept 21, 2017.. Get the horseshoe nail story across, and then the idea of the horseshoe nail times ten, again, times ten again, and maybe culturally literate people will begin to understand that there’s only so much in the way of resources to work with, even as our numbers continue to grow, and as the environment.

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 · W hen Harvey hit, our local officials led a city in crisis with cool heads. They helmed a massive rescue effort, opened a network of emergency shelters, and kept the city informed on what the.

Epic Flooding Inundates Houston After Hurricane Harvey. The problem is that 500-year floods are happening more often than probability predicts. But this isn' t an assessment of “the worst flood in” that time – places. there's a 1-in-500 ( 0.2 percent) chance a flood this bad will strike a particular area.