Homeowners are paying more for insurance and taxes than their mortgages, study shows [Yahoo! Finance]
Intercontinental Exchange Inc. (ICE)
Last intercontinental exchange inc. earnings: 4/30 07:30 am
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Source: Yahoo! Finance
Home insurance prices have skyrocketed as natural disasters and the rising costs of repairs have driven up rates, while property taxes have surged as the value of homes have increased, according to an analysis by Intercontinental Exchange. The combination resulted in 32% of the average single-family mortgage payment in September going to property taxes and home insurance, the highest rate ever for data going back to 2014, the study found. Ramunas – stock.adobe.com The burden has been the hardest on homeowners in two upstate New York towns — Rochester and Syracuse — as well as in Omaha, Neb., New Orleans and Miami, according to the study, which was first cited by the Wall Street Journal. At least a quarter of mortgage holders in those cities spend more than half of their monthly payment on taxes and insurance, the study found. In Rochester, 35% of homeowners who took out mortgages on their properties spend more than half of their monthly payment on taxes and insurance. In
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News
- ICE First Look at Mortgage Performance: Delinquencies Hit Highest Level in Nearly Three Years; Prepayments Drop on Higher Rates [Yahoo! Finance]Yahoo! Finance
- ICE First Look at Mortgage Performance: Delinquencies Hit Highest Level in Nearly Three Years; Prepayments Drop on Higher RatesBusiness Wire
- NYSE CONTENT ADVISORY: PRE MARKET UPDATE AND WEEKLY RECAP DECEMBER 20, 2024PR Newswire
- NYSE CONTENT ADVISORY: PRE MARKET UPDATE AND WEEKLY RECAP DECEMBER 20, 2024 [Yahoo! Finance]Yahoo! Finance
- NYSE CONTENT ADVISORY: PRE MARKET UPDATE AND WEEKLY RECAP DECEMBER 20, 2024PR Newswire
ICE
Earnings
- 10/31/24 - In-Line
ICE
Sec Filings
- 12/20/24 - Form 4
- 12/18/24 - Form 144
- 12/12/24 - Form 4
- ICE's page on the SEC website