Key takeaways New car replacement covers the cost of a brand new car of the same make, model and year if yours is totaled, rather…
Nuclear energy, left for dead over the past thirty years or so, is back. “There has been a huge policy shift globally and there is now bipartisan support for nuclear, and we need it,” Jan…
“Location, location, location” has long been the golden rule of real estate. But in today’s challenging housing market, a new mantra is developing: “Insurance, insurance, insurance.” As homeowners insurance premiums rise across the country, buyers are facing a double hit — soaring home prices and costly insurance, which is required…
SDI Productions/Getty Images: Illustration by Issiah Davis/Bankrate Key takeaways Lenders force-place insurance when borrowers fail to maintain coverage required as part of a loan or lease. Force-placed insurance is usually more expensive and doesn’t provide coverage for your belongings or personal liability. You can remove force-placed insurance by getting your…
Treasury Secretary Scott Bessent on Monday said that the Trump administration is mulling the declaration of a national housing emergency in an effort to address high housing prices and limited inventory. “We may declare a national housing emergency in the fall,” Bessent told the Washington Examiner in a Labor Day interview. Bessent reiterated…
Marie C Fields/Shutterstock Key takeaways It’s fine to get rid of monthly mortgage statements, but you should keep all your mortgage documents, including proof of title insurance and the promissory note, until your loan is paid off. Having your mortgage documents handy can be beneficial when filing home insurance claims,…
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More ArticlesThe Federal Reserve’s preferred inflation gauge showed that inflationary pressures remained elevated in July, as the central bank mulls an interest rate cut at its meeting next month. The Commerce Department on Friday reported that the personal…