Posts Tagged ‘Costs’
Rising insurance costs shape homeowner decisions in 2026
The average U.S. home insurance premium increased 24% between 2021 and 2024, according to the Consumer Federation of America — outpacing inflation by 11% over the same period. Looking ahead, 82% of homeowners expect their premiums to rise...
Upfront, Ongoing, and Closing Costs
Key Takeaways HECM fees are higher, but they pay for strong FHA-backed borrower protections. The longer you stay in the home, the more a HECM’s costs can make sense, since upfront fees are spread over time. A HECM works best when used ...
The Hidden Costs of Homeownership Top $16,000 a Year
A new analysis from Zillow and Thumbtack shows that the hidden costs of owning a home now total $15,979 per year nationwide. Rising expenses for maintenance, insurance, and property taxes are climbing faster than household incomes, reshaping wh...
Homeownership Costs, Drop in Home Value Hit Black Households Hardest
Minority households are more likely to be cost-burdened, spending more than 30% of their income on mortgage, property taxes, and insurance. ...
