10 things you’ll pay more for in 2014

From homes and health care to nuts and honey, here are the products and services you’ll shell out more cash for this year.

Mail

Mailing a letter or a package is going to get more expensive this year … yet again.

On January 26, the U.S. Postal Service will raise the price of a stamp from 46 cents to 49 cents.

The hike, which is the largest in years, includes a one-cent increase to keep pace with inflation. The additional two cents is intended to be a temporary increase in order to help the Postal Service recoup some of the losses it incurred during the recession. The agency reported a $5 billion loss in the most recent fiscal year and a $16 billion loss in 2012.

To save on mailing costs, stock up on Forever stamps before the hike.

Meanwhile, shipping will also become more expensive this year as the Postal Service, FedEx and UPS all plan to institute rate hikes.

Hoping to buy a home in 2014? Be prepared for some sticker shock.

Homes

Home prices aren’t expected to surge like they did in 2013. But they are expected to increase by almost 5% this year, according to CoreLogic.

At the same time, the cost of borrowing will be more expensive. While mortgage rates reached historic lows last year, average 30-year fixed rates have already risen roughly one percentage point to around 4.5%. That translates to almost $60 more a month for every $100,000 borrowed on a 30-year fixed-rate mortgage.

With the Federal Reserve officially starting to slow its monthly bond purchases in January, rates will likely continue to tick upward. Meanwhile, a strengthening economy could also push rates higher, said Keith Gumbinger, vice president at mortgage information site HSH Associates.

See the rest at CNN