Homeowners insurance rates rose dramatically between 2023 and 2024, according to a Bankrate analysis of rate data from Quadrant Information Services. The average premium in February 2024 was about $141 a month
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“Tons of homeowners scored an incredible deal during the pandemic: a 3% mortgage rate for the remainder of their 30-year loan. Now they’re staying put because moving would mean taking on a rate that’s twice as high,” Redfin economics research lead Chen Zhao said in a news release. ...
Rent costs jumped 0.8% over the month and 6.7% on an annual basis. Rising rents are a concerning development because higher housing costs most directly and acutely affect household budgets. Another data point that measures how much homeowners would pay in equivalent rent if they had not bought ...
Even the most comprehensive homeowners insurance has exclusions for hurricane damage. Policy language varies between carriers. So, depending on location, particularly near the coast, it's crucial to understand what an individual homeowners policy does and does not cover to find the best hurricane insu...
Years of relentless growth driven by high-paid tech workers have given the San Francisco metro area some of the highest living costs in the country, meaning even those with fat paychecks can struggle to make ends meet. Home prices are famously high – an obstacle for aspiring homeowners – an...
Welcome to WeeklyWilson.com, where author/film critic Connie (Corcoran) Wilson avoids totally losing her marbles in semi-retirement by writing about film (see the Chicago Film Festival reviews and SXSW), politics and books---her own books and those of other people. You'll also find her dive...
Insurance companies, upon seeing the writing on the wall and knowing that catastrophic fires were inevitable, flatly declined to provide coverage to homeowners. The LAFD fired essential personnel for refusing the Covid shot, deferred equipment maintenance, appeared to prioritize celebrating gay and ...
That’s all fine and good. It can’t be easy to be that calm while in the commission of a felony. Anyhoo, the homeowners returned home later that night and discovered several items missing. They called the police and, while waiting for them to arrive, went to the computer to let peopl...
many down payment assistance programs are geared to first-time home buyers. some local programs target certain groups, such as teachers, police officers, emergency responders or public servants, such as government employees. but previous homeowne...