Pause
Finally, a Pause in Mortgage Rate Hikes
After several sharp spikes and nearly doubling over the last year, mortgage rates took a breather this week, decreasing from 5.81% the previous week to 5.7% this week, according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac, released Thursday. Key findings: 30-year fixed-rate mortgage averaged 5.70% with an average 0.9 point as […]
Considering Cutting Back Homeowners Insurance Coverage to Save? Press Pause on That
If money is running tight and you’re looking for ways to cut back, you may be tempted to cut into your homeowners insurance coverage. This could be a mistake. If you don’t have adequate coverage and your house gets damaged or destroyed, or someone gets seriously injured on your property, you may be on the […]