A perfect (insurance) storm...

Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about storm season.

Todays article is from Housingwire.com: "Hurricane season arrives amid homeowners insurance hikes." Interest rates are of course making home less affordable nowadays, but that's not the only increase. Home insurance has increased in some areas as much as 50% in recent years. What can we do about this? Begin with shopping around to find the best rate possible. 

All states share in the rise in premiums, though some areas have risen more than others. Most of the rise is due to rebuilding areas from mass catastrophic events: forest fires and hurricanes. 

Listen in as we discuss this and more!

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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. 

Visit our website at nflp.com/licenses for all state licensing and other legal information.

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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.