Flood Insurance Friday: Mortgage Rates Drop, But Don’t Forget Coverage – Good Good Flood

Flood Insurance Friday: Mortgage Rates Drop, But Don’t Forget Coverage

Happy new homeowners holding keys celebrating lower mortgage rates and flood insurance protection.

🎉 Flood Insurance Friday: Mortgage Rates Are Dropping — Don’t Let Flood Insurance Slip Through the Cracks

Happy new homeowners holding keys celebrating lower mortgage rates and flood insurance protection.
Lower mortgage rates are exciting—but smart flood insurance keeps the celebration stress-free

Big news this week: mortgage rates dipped again! The average 30-year fixed fell to about 6.26%, and 15-year rates dropped too. That’s exciting for new homebuyers, refinancing homeowners, realtors, and lenders. Lower rates mean more affordability, more activity in the housing market, and more opportunities all around.

But here’s the thing: while financing costs are going down, flood risk isn’t.

📉 Why This Week’s Rate Drop Matters for Flood Insurance

🏡 1. More Buyers Enter the Market

With rates easing, more people are ready to buy. Some will be shopping in neighborhoods they couldn’t touch a year ago—including flood-prone areas. Realtors and lenders need to flag flood insurance early so clients aren’t blindsided at closing.

💵 2. Refinancing = Perfect Time to Review Coverage

If you’re refinancing, it’s not just a chance to lower your monthly payment. It’s also the best time to re-evaluate your flood insurance. Does your policy still match your home’s value? Has your flood risk changed?

🌊 3. Lower Payments Don’t Lower Disaster Costs

Sure, you might save a couple hundred dollars a month with your new mortgage rate. But one flood event can wipe out years of savings in a single weekend. Flood insurance keeps your finances protected no matter what Mother Nature throws at you.

🤝 4. Realtors & Lenders Can Stand Out

Want to win trust with clients? Make flood insurance part of the conversation. Buyers appreciate the professionals who prepare them for all the costs of homeownership—not just the mortgage.

🚀 The Friday Takeaway

This week’s falling mortgage rates are a win for buyers and sellers—but don’t let that excitement overshadow the importance of flood insurance. Whether you’re house-hunting, refinancing, or closing loans for clients, flood protection belongs on the checklist.

At Good Good Flood, we shop 15+ carriers to make sure every client gets the right coverage at the right price. Because saving money on your mortgage is good—but saving your home from flood risk is good-good.

🎉 Bottom Line

Lower mortgage rates + smart flood coverage = a win-win. This Friday, celebrate the good news in the market while making sure your clients, your business, and your home stay protected.