Today’s News Synopsis:
The National Flood Insurance Program expires tonight at midnight unless Congress steps in. NAR is urging lawmakers to act fast to protect homeowners.
In The News:
NAR – “NAR Mobilizes to Extend National Flood Insurance Program“ (09-30-25)
“NAR’s Federal Political Coordinators carry NAR’s call for NFIP reauthorization to every member of Congress.”
Yahoo Finance – “US job openings increase moderately in August; hiring declines” (09-30-2025)
“U.S. job openings increased marginally in August while hiring declined, consistent with softening labor market conditions that could allow the Federal Reserve to cut interest rates again next month despite resilient consumer spending.”
ScotsmanGuide – “Investor-owned homes surge as brokers pivot to nonconforming loans“ (09-29-25)
“With conforming volumes down, DSCR and other investor products shine brighter”
USA Today – “Federal Reserve cuts interest rates: What’s next for credit cards, auto loans, mortgages“ (09-24-25)
“Many consumers have been on the sidelines lately waiting for interest rates to drop before buying a car, according to Edmunds.”
MortgagePoint – “FTC Sues Zillow and Redfin Over Violation of Antitrust Laws” (09-30-2025)
“The Federal Trade Commission (FTC) has filed a lawsuit against both Zillow and Redfin over an agreement that eliminates Redfin as a competitor in the market for placing advertising of rental housing on internet listing services (ILSs). ”
California Real Estate Investor Events
Bruce Norris will be the keynote speaker at the Fliphacking event in San Diego on Tuesday, Oct 12.
The Norris Group presents its award-winning black-tie event I Survived Real Estate 2023 on Friday, October 27.
More on Hard Money Loans
- Florida hard money loans or call (407) 706-9700
- California hard money loans or call (951) 780-5856
Information on Note Investing
- Florida mortgage investing or call (407) 706-9700
- California trust deed investing call (951) 780-5856
Real Estate Investor Education & Resources
- Upcoming real estate investor speaking engagements and training
- Real Estate radio show and podcast
- Free access to our web portal for real estate investors
