Artificial intelligence (AI) can facilitate individual coverage for everyone, aiding in the reduction of the insurance gap in sectors like pensions, cyber, health, and natural disasters. Continue to full article...
Real Estate & Mortgage News
South Florida's median single-family home price hit $650,000, second highest in Florida. Miami's median home price reached $574,895 in January 2025, marking an 8.1% increase from the previous year....
In response to Hurricanes Helen and Milton, Tampa Bay homeowners are reassessing their homes' storm resilience.The City of Tampa has waived permit fees and issued substantial damage letters per FEMA's 50% Rule....
The states with the lowest 30-year mortgage refinance rates include New York, California, Florida, New Jersey, North Carolina, Tennessee, Texas, and Washington, with averages between 6.56% and 6.77%. Conversely, West Virginia, Ohio, Alaska, Alabama, Arizona, Maryland, and Washington, D.C. have the highest rates, ranging from 6.84% to 6.87%. The national average for 30-year refinance mortgages is...
HELOCs offer variable interest rates, which could decrease, making them more affordable in 2025. Reverse mortgages provide fixed monthly payments and do not require repayment until the homeowner sells or passes away....
The Capital One Platinum Credit Card is ideal for those with average credit, offering no annual fee and the potential for a higher credit line in six months. The Discover it® Student Cash Back card offers 5% back on rotating categories and matches cash back in the first year. The Discover it® Secured Credit Card provides cash-back rewards and a path to an unsecured card. The Petal® 2 Visa® offers up...
As many Americans prepare for retirement, the adjustment to the Social Security retirement age necessitates a reevaluation of strategies. The full retirement age (FRA) has increased, with those born in 1960 or later facing an FRA of 67. Claiming benefits early can reduce payouts by up to 30%, while delaying until age 70 can increase benefits by 32%. Individuals over 62 should assess their FRA, while...
Home prices are expected to increase modestly in 2025, with a forecasted median of $410,700. Inventory will rise slightly, creating a balanced market with more opportunities for buyers in 2025....