
MarketMinute | How much more are homeowners paying for insurance?
New unemployment applications hovered near pre-pandemic averages last week, but continuing claims surged to a 3-year high of 1.9 million. The number of consumers making only the minimum credit card payment jumped to a 12-year high in 2024. Delinquencies also rose to new highs. Global think tank The Conference Board projects the U.S. economy will expand at an upwardly revised 2.3% pace in 2025. A Treasury Department study found home insurance costs rose 8.7% faster than inflation from 2018-22, driven by...
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