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Does my home insurance cover learning pods or pandemic pods?

14 Sep
learning-pandemic-pods

As school starts back up, there are many parents who have misgivings about sending their children back to in-class learning as the coronavirus virus still rages around the country.  This has led many parents to start forming pandemic pods for their kids. Learning pods, which are also called pandemic pods, have become a trendy alternative to […]

What is a new mortgage refinance fee?

11 Sep
mortgage-refinance-fee

As interest rates continue to hit new lows, many homeowners have considered refinancing their mortgage. If you fall into this category, it is best to get the process started if you want to avoid a new mortgage refinance fee that is being rolled out by Fannie Mae and Freddie Mac, the government-sponsored mortgage giants who […]

Flood Risk Score Set for Every American Home

01 Sep
flooding-fort-lauderdal-fl

Hurricane Irma hit and flooded streets in Fort Lauderdale, FL Starting this week, the nonprofit research and technology group, First Street Foundation is launching an interactive website that offers flood risk data on over 142 million homes and properties across the country. This allows, homeowners and homebuyers the ability to check a forward-looking analysis of […]

Home Sales Move Upward in July 2020

26 Aug
home-sales-increase

According to the National Association of Realtors, existing home sales continued their strong upward trajectory in July. This makes it two months in a row that have shown significant gains in home sales. Four of the major regions managed a double-digit month over month increase while the Northeast was the only region that showed a […]

California Homeowner Insurance Wildfire-Prone Area Bill

14 Aug
los-angeles-home-insurance-rates

As wildfire season kicks off, lawmakers in California are pushing through an insurance industry backed homeowner insurance bill. While the bill seems popular with a number of lawmakers, it is receiving fierce opposition from consumer groups as well as California Insurance Commissioner Ricardo Lara. The bill addresses a number of issues, from letting insurance companies […]

California Bill Will Lead to Higher Insurance Rates

12 Aug
california-home-insurance-rates-increasing

According to national insurance expert and actuary, J. Robert Hunter, a package of homeowner insurance bills that California lawmakers are considering could lead to premium hikes of at least 40 percent across the state. It will also increase the number of California homeowners who are struggling to find coverage for their homes.  AB 2167 (Daly-Anaheim), […]

Hurricane Isaias is on the same track as Hurricane Dorian – What can we expect?

05 Aug
hurricane-isaias-path

Hurricane Isaias is on roughly the same track as Hurricane Dorian and is the first hurricane to hit the Bahamas since Dorian stalled over the islands as a Category 5 monster killing dozens of people and causing massive destruction.  Here is a quick overview of both storms as well as a few tips on how […]

How to Cut Your Expenses and Shore Up Your Finances

28 Jul
saving-money-during-pandemic

The end of the extra $600 per week unemployment benefit will happen this week if Congress doesn’t manage to pass an extension and that could be a huge problem for many families. Over the last few months, Americans who qualify for unemployment insurance have received an extra $600 a week in federal assistance on top […]

2020 Hurricane Season and Insurance Cancellations

23 Jul
2020-Hurricane-Season

The Atlantic coast may see a busier than normal hurricane season this year and if coastal property owners have an issue paying their insurance premiums, leading to cancellations, the economic toll from a major hurricane could become much worse.  As an example, in 2017, Hurricane Harvey flooded 204,000 homes and apartments which caused roughly $16 […]

Should You Refinance? Mortgage Rates Slide Below 3%

22 Jul
homeowners-saving-refinance

As mortgage rates slide to their lowest levels in years, many experts are recommending that homeowners consider refinancing their homes. The thirty-year fixed-rate mortgage is now averaging less than 3 percent in many areas, which could offer major savings to homeowners carrying higher interest rates. A new report from Fannie Mae, says the majority of […]