Home insurance premium rises by more than 500 per cent for Horsham man with property outside flood zone

Dean Robertson’s home insurance was up for renewal but when he opened his bill, he received a rude shock.  Key points: Mr Robertson’s home insurance increased 6.5 times despite his home not falling within a flood zone Insurer Allianz attributes increased premiums to recent severe weather events Mr Robertson has encouraged people to shop around for home … Read more

Average long-term US mortgage rates inch up to 6.48%

WASHINGTON (AP) — The average long-term U.S. mortgage rate rose for the second straight week following six weeks of declines that had given prospective homebuyers a glimmer of hope. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate inched up to 6.48% this week from 6.42% last week. A year … Read more

Double-digit U.S. home price growth streak skids to an end

Dec 27 (Reuters) – Annual price growth in the increasingly fragile U.S. housing market slid into the single digits in October for the first time in about two years when mortgage rates that month surged above 7% and further stifled demand, a pair of closely watched surveys showed on Tuesday. The S&P CoreLogic Case Shiller … Read more

How to Manage Homeowner’s Insurance Costs and Coverage

If you’re like most folks, you seldom think about homeowner’s insurance until you have a claim — or your premium jumps. You pay it annually, or monthly along with your mortgage, and it protects your residence, personal belongings and other assets in the event of a disaster. Homeowner’s insurance premiums have been rising, largely due … Read more

US Army veteran gets mortgage paid off

An Upstate U.S. Army veteran and his family got a Christmas gift to remember this season after their mortgage was paid off by a group that honors first responders and military heroes.The Tunnel to Towers Foundation paid off the mortgage and renovated the Jonesville home of double-leg amputee Cpl. Kevin Brewington, in Union County.The foundation … Read more

After the most recent Fed rate hike, where are mortgage rates headed?

The Federal Reserve hiked its benchmark lending rate this week for the seventh time this year, capping a year of intense pressure on the housing market that pushed mortgage rates above 7% for the first time since 2002.But now that the Fed has signaled a softer approach to cooling the economy instead of rolling out … Read more

2021 team sack leader B.J. Green enters portal

The Arizona State football program undoubtedly will see major roster turnover as it transitions out of the Herm Edwards era under new head coach Kenny Dillingham. ASU defensive lineman B.J. Green II announced on Monday night that he would be entering the transfer portal and thanked Sun Devil nation following two seasons in which he … Read more

ASU football gets B+ grade for Kenny Dillingham hire by ESPN

ESPN has given Arizona State’s decision to hire Kenny Dillingham as its new head football coach a B+ grade in its analysis of recent coaching hires in NCAA football. “Dillingham will inject energy into the program and fan base,” Adam Rittenberg wrote in the ESPN+ article published this week. “He looks at ASU as a … Read more

Opinion: ‘You’re the customer and deserve to know the truth.’ Ask your mortgage lender these 3 questions before you commit to 30 years of payments.

For the first time in recent memory, mortgage lenders can’t just rely on low rates or fees to win over new customers. These companies have to differentiate by providing a better servicing experience so they can retain borrowers. Of course, we all want to find an affordable mortgage and a low rate. But the reality … Read more

Mortgage Points: What Are Points On a Mortgage?

A new home is often the most expensive purchase you’ll ever make – and not just because of the price of the home, but all the costs that accumulate along your home buying journey – from the time you spend looking and searching for your new home and researching locations to applying and negotiating your … Read more