housing Archives - The Portland Press Herald

Business

2020 the summer of booming home sales – and evictions

by Heather Long The Washington Post July 27, 2020July 27, 2020

The affluent are taking advantage of the cheapest mortgage rates in history to buy bigger homes.

Business, Nation & World

Federal eviction moratorium ends this week, putting 12 million tenants at risk

by Renae Merle The Washington Post July 21, 2020July 21, 2020

Housing advocates are pressing Congress to help, but so far, a new relief bill being crafted by Senate Republicans doesn’t address the issue.

Business, Maine, News

Wave of evictions expected as courts reopen, assistance and protections expire

by Randy Billings July 21, 2020July 21, 2020

Thousands of evictions could be filed when hearings resume Aug. 3, and the Maine Affordable Housing Coalition is building a database to help inform policymakers.

Business, Maine, News

Low-income Mainers barely hanging on to keep paying rent, research shows

by Peter McGuire July 13, 2020July 13, 2020

Some are falling behind on other bills, using food pantries or relying on federal and state assistance, which experts say is not sustainable with financial aid programs set to expire.

Editorials, Opinion

Our View: More federal aid needed to prevent widespread evictions

by The Editorial Board July 8, 2020July 7, 2020

The steps taken so far have largely worked, but that help will come to an end soon unless Congress acts to support tenants and landlords.

Business, Maine, News

Portland to start providing rental assistance with $500,000 fund

by Edward D. Murphy July 6, 2020July 6, 2020

Starting this month, the program offers residents who are struggling financially because of the pandemic as much as $2,500 to help cover rent and utilities.

Business, Nation & World

U.S. mortgage rates fall; benchmark 30-year at all-time low of 3.13%

by Associated Press June 18, 2020June 18, 2020

The average rate on the 15-year fixed-rate mortgage eased to 2.58 percent from 2.62 percent.

Business, Maine, News

As hurricane season begins, state regulator urges Mainers to buy flood insurance

by STAFF REPORT June 2, 2020June 2, 2020

Maine Insurance Superintendent Eric Cioppa said scientists are predicting an increase in the number and severity of hurricanes and major storms this year.