Low mortgage rates and home prices have increased the appeal of being a homeowner, and saving money continues to top homeowners' list of New Year's resolutions. HomeownersInsurance.com has come up with the best ways for new and old homeowners to save in 2012.
For some homeowners, low interest rates may mean refinancing a mortgage is a good option. By refinancing, homeowners could save up to $100 each month, which adds up throughout the length of the loan.
By monitoring energy usage, homeowners can cut monthly bills by reducing energy wasted. Homeowners can properly seal windows and doors and set thermostats lower to save some money on heating and cooling. Homeowners can also reduce extra expenses by cutting back on monthly cable, phone and internet bills which can often be bundled for a discounted price.
Homeowners may overlook the cost of insurance as it is part of monthly mortgage payments, but it is important that homeowners be sure to shop around for the best rate. Many insurers offer package deals including car insurance policies.