Jonalyn Cueto

3 days ago | insurancebusinessmag.com | Jonalyn Cueto

Insurance News By Jun 05, 2025 Share AXA Hong Kong and Macau has launched the Max Goal II Insurance Plan (Max Goal II), which features a guaranteed breakeven period of five years and a series of options for wealth distribution and inheritance. The plan is designed to provide flexible financial planning tools for policyholders and their families. According to AXA, the guaranteed cash value at the start of the policy equals 81% of the single premium.

3 days ago | mpamag.com | Jonalyn Cueto

What's behind the recent decrease in applications? By 04 Jun 2025 Mortgage applications saw a decline last week, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 30, 2025. The Market Composite Index, a key indicator of loan application volume, decreased 3.9% on a seasonally adjusted basis, with an unadjusted drop of 15% from the previous week. This week’s figures account for the Memorial Day holiday.

3 days ago | mpamag.com | Jonalyn Cueto

Persistent economic pressures slow housing momentum, but outlook improves By 04 Jun 2025 The swift ascent of mortgage rates has significantly hindered the US housing market, according to Lawrence Yun, chief economist for the National Association of Realtors® (NAR). Speaking at the REALTORS® Legislative Meetings Economic Forum on June 3, 2025, Yun offered an outlook on the real estate landscape, highlighting both current challenges and signs of potential recovery.

3 days ago | mpamag.com | Jonalyn Cueto

Tariffs and pricing spark disagreement between key lumber industry voices By 04 Jun 2025 The National Association of Home Builders and the US Lumber Coalition are at odds over what is contributing to the slowdown in the US housing market, as lumber once again becomes a focal point of the national economic discussion. FOX Business reported that the NAHB attributes part of the housing market slump to the volatility of lumber prices and ongoing uncertainty around tariffs.

3 days ago | mpamag.com | Jonalyn Cueto

Appointments aim to enhance representation and industry advocacy By 04 Jun 2025 The Broker Action Coalition (BAC) has announced changes to its Board of Directors and leadership councils. The updates reflect the organization’s continuing efforts to strengthen independent mortgage broker representation and ensure broad advocacy across the wholesale mortgage industry, a news release highlighted. The BAC Board of Directors now includes 11 voting members.