Rising Home Values Outpace Incomes: What This Means for Homeowners
In the past few years, home prices have gone up faster than incomes have grown, which has caused a lot of problems for landlords. Values going up may seem like a good thing, but they have hidden...
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As home values continue to rise faster than incomes, many homeowners are feeling the pressure. While property values may be increasing, it’s important to understand how this impacts your mortgage and whether it includes home insurance costs. In many cases, homeowners’ insurance https://www.coveragebyinsurance.com/home-insurance is a separate expense, but some mortgage lenders might offer packages that include insurance as part of your monthly payment. Knowing the details of your mortgage agreeme...  more