Connecticut launched a new online tool on Tuesday for property owners to gauge their risk to winds, flood and other perils that could prompt expensive repairs — or insurance rate hikes if they need to ...
Minnesota homeowners face mid-range insurance costs compared with the rest of the U.S. While not as affordable as neighboring Michigan or Wisconsin, Minnesota insurance premiums are still far below ...
California homeowners still face relatively modest insurance costs, though climate changes could drive prices higher in the future.
When mortgage rates dipped below 3% during the pandemic, millions of homeowners locked in deals they now call once-in-a-lifetime. But as rates now hover above 6%, many of those same owners say they ...
In 2025, strong home equity and fixed mortgage rates are key factors differentiating today's housing market from the 2008 crash.
House lawmakers invited insurance experts to speak at the State Capitol on Tuesday regarding the skyrocketing home insurance rates across the state. Rep. Andy Fugate (D-Del City) said he has heard ...
Variable interest rate: This rate fluctuates directly with the South African Reserve Bank’s repo rate. When the repo rate is cut (or increased), your bank’s prime lending rate follows, and your ...
Fonseca, a finance professor at the University of Illinois at Urbana-Champaign, said roughly 80% of borrowers are in the same boat: If they bought the same house today, they’d pay way more. “These ...
The Federal Reserve voted Sept. 17 to cut the federal funds rate by one quarter of a percentage point. It was a move long anticipated by financial markets, and also by regular folks watching the ...
The rise in 6 percent-plus mortgages suggests that the effect is easing. And it means, if rates fall, more owners may be willing to move, potentially relieving some pressure on prices. Today, just 53 ...
COLUMBIA, S.C. — South Carolina lawmakers are questioning why insurance rates keep climbing and what can be done to ease costs for families, while some are accusing insurance companies of ...
Americans see a link between more natural disasters and higher insurance rates, but divided on the role of climate change, new poll found ...