027: Homeowners insurance and mortgage re-fi

027: Homeowners insurance and mortgage re-fi

Today I would like to discuss homeowners insurance and your mortgage:

1. Lower Your Homeowners Insurance Premium

-Increase deductible

-Check dwelling coverge

-Check liability coverage

2. Shrink Your Monthly Mortgage Payment by Refinancing

-What is your mortgage rate? Is it in 3 to 4% range?

-Take into account refinancing cost, when making your decision

-How long are you going to stay in your home? If less then 2 years it might not be worth refinancing.

Anna Sergunina

I passionately believe that in order to live a life of fulfillment and joy, we must genuinely serve each other in any way possible. I found my mission in life to serve others via financial planning. Anna regularly writes about personal finance. Her work appears on Business Insider, Nasdaq, Nerdwallet, among others. Anna is the creator of Money Flow system.

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