Aaron Ballard+FollowCould Climate Wreck Your Mortgage?Did you know that wild weather could mess with your mortgage? A new report says climate disasters like floods and fires are making it harder for folks to keep or even get a home loan. Insurance is getting pricier, and some companies are ditching risky areas altogether. That means if your house gets hit, you might be on the hook—and if enough people default, it could shake up the whole housing market. Maybe time to check your coverage and think twice before buying in flood zones! #RealEstate #HomeBuying #ClimateRisk00Share
Heather Moore+FollowWhy Your Mortgage Might Get Pricier SoonHeads 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 #RealEstate00Share