Tag Archives: home inspectors

Mortgage Interest Rates On 5 Week Rise

Mortgage interest rates are on the rise. For five consecutive weeks 30 year fixed mortgage interest rates have gone up and it has caused a panic in both the lending and housing markets. The weekly rise has averaged 10 points bringing interest rates that were around 3.50 percent to currently tipping over the 4 percent mark. Applications for home loans have spiraled down. Why the rapid increase in historically low mortgage…

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Coastal Property Insurance Pool

The Coastal Property Insurance Pool, formerly known as the Beach Plan, was created in 1969 by the North Carolina General Assembly to provide an adequate market for essential property insurance, ensuring the economic welfare of the beach and coastal areas of North Carolina. The Coastal Property Insurance Pool is not a facility of North Carolina state government; however, the plan of operation is subject to…

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