Why Your Mortgage Might Get Pricier Soon

Heads up, homeowners: wild weather isn’t just ruining weekends—it’s hitting wallets, too. Floods, fires, and storms are causing more people to lose their homes, and lenders are taking billion-dollar hits. That means banks could start raising mortgage rates to cover their losses. If you’re house hunting or renewing insurance, double-check your flood coverage—especially if you live in places like Florida or California. Climate change is now a real line item in your home budget! #HomeBuyingTips #MortgageRates #ClimateRisk #MoneyHacks #RealEstate