Home insurance rates are increasing significantly, with a 23% rise last year and a 55% increase since 2019. Factors contributing to this trend include severe weather events and inflation, which raise repair costs. Homeowners can lower premiums by raising deductibles, shopping around for quotes, and bundling policies. Enhancing home security and making it more disaster-resistant can also yield discounts. Maintaining good credit and opting for auto payments or paperless billing may further reduce costs.

Homebuyers can secure a mortgage interest rate below 6% by following three strategies. First, consider buying mortgage points, which can lower the rate but require an upfront fee. Second, an adjustable-rate mortgage with a 3/1 framework can offer a rate of 5.90% initially. Lastly, boosting your credit score is crucial, as the best rates are available to those with high scores. By combining these tactics and shopping around for lenders, buyers can improve their chances of obtaining a lower mortgage rate.