How Rising Home Insurance Costs Are Impacting Mortgage Approvals

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As natural disasters grow more frequent and rebuilding costs climb, homeowners’ insurance has become a major factor in mortgage approvals. Lenders now scrutinize insurance costs more closely than ever, and for many buyers, these rising premiums are the tipping point between approval and denial. This article explores how rising home insurance costs are impacting mortgage approvals, why it matters to buyers and lenders, and what you can do to manage this evolving landscape.