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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About Today in Mortgages

Today in Mortgages, the show where we try to make sense out of the click-bait headlines in Mortgage and Real Estate news that clients and buyers are being flooded with every day. We’re trying to find our what’s real and what’s hype in the market news and discuss how mortgage and real estate professionals should be navigating these tricky conversations with clients who are getting scared away from the housing market.

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