2 posts tagged “real estate daily tip”

Insurance companies offer discounts on homeowner insurance premiums for such things as impact-resistant or noncombustible roof; three consecutive claim-free years; additional policies such as auto coverage; full replacement cost coverage; senior citizen homeowner; burglar, fire, and smoke alarm systems; sprinkler systems; fire extinguishers, and home security devices.

The prime rate is the interest rate charged by banks to their most prominent and stable business customers. The prime rate is affected by the Federal Reserve's federal funds rate and discount rate. The Federal Reserve attempts to control inflation by increasing the prime rate when the economy is growing too fast and lowering it when the economy is too sluggish.