Citizens Property Insurance Corp.’s board on Thursday approved an average statewide rate hike of 44 percent for homeowners in high-risk areas. This increase, which still has to be OK’d by state regulators, follows a 16.2 percent increase in high-risk coastal areas that was approved last February.

Mortgage Rates The average rate for a 30-year fixed-rate mortgage dipped slightly this week to 6.3 percent. Financial markets seemed to like signals from the Federal Reserve that its string of interest rate hikes could be drawing to a close.

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