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News

Canadian Mortgage Professional
mpamag.com > ca > mortgage-industry > industry-trends > one-in-three-canadians-weighing-insurance-cuts-amid-cost-squeeze > 585063

One in three Canadians weighing insurance cuts amid cost squeeze

8+ hour, 19+ min ago   (487+ words) A new TD Insurance survey reveals a widening confidence gap as household budgets tighten A new survey suggests Canadians are making potentially costly trade-offs with their financial protection at exactly the moment they can least afford an uncovered gap. One…...

Mortgage Professional
mpamag.com > us > mortgage-industry > industry-trends > whats-quietly-inflating-your-clients-housing-costs-after-closing > 583848

What's quietly inflating your client's housing costs after closing

1+ week, 2+ day ago   (642+ words) It's not the mortgage rate — and most buyers don't see it coming Your clients may have locked in a rate, closed on a home, and moved on, but in nearly one in four cases across the US, a separate set…...

@MPAMagazineAU
mpamag.com > au > news > general > home-insurance-premiums-surge-at-double-the-decade-long-average > 582558

Home insurance premiums surge at double the decade-long average

2+ week, 6+ day ago   (912+ words) Capital city premiums rose by nearly 15% driven by the usual suspects: Catastrophe losses and building cost inflation Home and contents insurance quotes across Australia's five largest capital cities rose an average of $373.93 - or 14.78% - in the 12 months to June 2026, according to…...

NZ Adviser
mpamag.com > nz > news > general > westpac-adds-hazard-risk-data-to-home-insurance-quotes > 581320

Westpac adds hazard risk data to home insurance quotes

4+ week, 2+ day ago   (358+ words) Bank move highlights growing borrower demand for property hazard information Westpac New Zealand has begun surfacing property-specific natural hazard information directly inside its banking app, giving customers applying for home insurance quotes instant access to flood, earthquake, landslide, and sea…...

Google News
mpamag.com > us > mortgage-industry > industry-trends > one-in-6-buyers-now-spends-more-than-3-of-income-on-insurance > 581129

One in 6 buyers now spends more than 3% of income on insurance

1+ mon, 3+ day ago   (530+ words) Urban Institute links rising premiums to income, geography, and credit score Homeowners insurance has crossed a critical threshold in the American affordability crisis. A May 2026 Urban Institute report — combining loan-level mortgage and insurance data — found that roughly one in six…...

@MPAMagazineAU
mpamag.com > au > news > general > home-insurance-is-in-structural-crisis-and-apra-numbers-tell-you-exactly-how-bad-it-is > 578873

Home insurance is in structural crisis and APRA numbers tell you exactly how bad it is

1+ mon, 2+ week ago   (626+ words) Householders insurance has posted a negative underwriting result in four of the past ten quarters, including a catastrophic loss of $1.08 billion in December 2025. Premiums are up 18% in two years. It is not enough Gross written premium (GWP) for the householders…...