California Home Refinance

California, Insurer and Homeowners

California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.

The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on to customers.

Seattle Times · 18h

California’s $1 Billion Insurer Bailout Deepens Housing Strains

A $1 billion assessment announced Tuesday for California’s FAIR Plan, the state-run insurer of last resort, is expected to drive up premiums as companies will likely pass some of the costs onto homeowners.

East Bay Times · 1d

Bay Area homeowners likely to pay for California FAIR Plan insurance bailout

Bay Area homeowners will likely be on the hook for helping bail out California’s insurer of last resort to the tune of $1 billion after it ran out of money to pay claims from the devastating Los Angeles wildfires.

Family of 4 Outgrew Their 1,067-Square-Foot California Home, but There's a Reason They're Staying Put

The post Family of 4 Outgrew Their 1,067-Square-Foot California Home, but There's a Reason They're Staying Put appeared first ...

nationalmortgageprofessional.com2d

Borrowing Costs Near All-Time High In California

California's housing market continues to suffer from affordability challenges after experiencing an upturn of mortgage rates ...

U.S. News & World Report21d

How Long Does it Take to Refinance a House?

Refinancing your mortgage loan could take between 30 and 45 days on average. The timeline covers finding a lender, applying, fulfilling lender requests and closing on the loan. You can speed up ...

8don MSN

Los Angeles wildfires highlight nation's insurance crisis as homeowners try to recover lost homes

The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding ...

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