The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Why Home Insurance Is Skyrocketing in California—and What Buyers Should Know

By Scott Sheldon / April 29, 2025

​Climate Change and Mortgage Challenges: Navigating Homeownership in California In recent years, climate change has emerged as a significant factor influencing various aspects of homeownership, particularly in California. From escalating insurance premiums to challenges in refinancing and purchasing homes, residents are navigating a complex landscape shaped by environmental and economic forces.​ Rising Insurance Costs Amid…