“Someone asked me if I had plans for the fall. It took me a moment to realize they meant ‘autumn’ and not the fall of civilization.” The Autumn solstice is this weekend, and I will be heading to Chicago and then to Lincoln, Nebraska to visit with mortgage folks. Housing, of course, will be a topic: It will take more than the Fed’s rate cut to fix America’s housing problems. “Rob, are you hearing that new homeowners are having their insurance cancelled within weeks of funding, often due to “roofing issues”? Yes, I have. As we’ve been writing about for several months, renewal costs are going up, new policy prices are going up, carrier numbers are dropping, and drone usage is increasing surveillance. Keep in mind, however, that the insurance industry isn’t wantonly doing it. In the last few years insurance companies have taken underwriting hits, suffered from inflation in replacement costs, properties have been under-insured given the premiums, and state-level insurance restrictions have prohibited market pricing. (Today’s podcast is found here and this week’s is sponsored by Visio Lending. Visio has a top-notch broker program and is the nation’s premier lender for buy and hold investors with over 2.5 billion closed loans for single-family rental properties, including vacation rentals. Hear an interview between Rob and Robbie on interest rate pricing and other chatter from their travels around the nation attending mortgage conferences.) Lender and Broker Software, Services, and Loan Programs