DIRS.INFO The most relevant business & tech news

One out of 4 of the 31,000 homeowners in the coastal parish live there without homeowners insurance — one of the highest percentages in the United States. Across the country, 13.4% of homeowners — about 1 in 8 — are unprotected by homeowners insurance, according to an NBC News analysis of new Census Bureau data. It’s a double-edged sword.”The Census Bureau data shows how many homeowners pay less than $100 — or nothing at all — for homeowners insurance. According to the Census Bureau survey, which was taken in 2023, 20.8% of homeowners without mortgages also lack meaningful homeowners insurance. Among mortgage-holders, 8.5% don’t have meaningful homeowners insurance — and while banks require owners with mortgages to have homeowners insurance, gaps in coverage do happen.

Persons: Hurricane Francine, “, ”, Shannon Martin, you’re, Martin, ” Martin, Mark Friedlander, ” Friedlander, There’s, Daryl Fairweather, Redfin’s, ” Fairweather Organizations: NBC, Bankrate, Insurance Information Institute, “ Insurance Locations: Louisiana’s Terrebonne Parish, United States

"Heavy rain is expected to continue through at least this afternoon, so please continue to stay weather aware,” Mississippi Gov. Jeff Landry was touring the hardest-hit areas across his state, while officials in New Orleans urged residents to conserve drinking water. The aftermath of a deluge from Hurricane Francine in Metairie, La., in Jefferson Parish, last night. The low-lying city was quickly deluged, with 7.33 inches of rain reported at New Orleans International Airport. In Lafourche Parish in southern Louisiana, 26 people trapped by rising floodwaters were rescued, local officials said.

Persons: Hurricane Francine, Tate Reeves, Jeff Landry, Miles Crawford, Crawford, Jonah Gilmore, “, ” Crawford, Francine, Matthew Hinton, Cynthia Lee Sheng Organizations: National Hurricane Center, Louisiana Gov, NBC, University Medical Center, Associated Press, New Orleans International Locations: Florida, New Orleans, Memphis , Tennessee, Louisiana, Alabama, Jackson , Mississippi, Birmingham , Alabama, Memphis, Atlanta, Mississippi, WDSU, Terrebonne Parish, Metairie, La, Jefferson Parish, Kenner, Jefferson, Lafourche Parish

Flooding rainfall, powerful winds and potentially life-threatening storm surge could pummel parts of the upper Texas and Louisiana coastlines as Francine passes through. In addition to a hurricane warning in Louisiana, tropical storm warnings and watches have been issued along a stretch of the Louisiana and Texas coast. A storm surge warning has also been issued from High Island, Texas, to the mouth of the Mississippi River. Storm surge and rough surf could also cause minor flooding on the Mexico coast early this week. Storm surge will begin to ramp up as Francine nears landfall, causing normally dry areas to be inundated with several feet of water.

Persons: Francine, Louisiana’s, It’s, Jeff Landry, Louisiana’s Cameron Parish, Ida, Francis, “ Francine Organizations: CNN, National Hurricane Center, Louisiana and, Gov, Federal Emergency Management Agency Locations: Gulf, Louisiana, Texas, Mexico, Mississippi, Louisiana and Texas, High Island , Texas, Louisiana’s Cameron, Jefferson Parish’s, Grand Isle, St, Mary, Terrebonne, Terrebonne Parish, Jefferson, Orleans, New Orleans, In Mississippi, . Texas

Louisiana parishes (which are similar to counties) have pretty consistent borrowing limits for mortgages. As a result, you can compare potential new homes in two distinct parishes without factoring in borrowing limits as much. Louisiana borrowing limits in 2023 by parishesParish Conforming mortgage borrowing limit (single-family home FHA mortgage borrowing limit (single-family home) Acadia Parish $726,200 $472,030 Allen Parish $726,200 $472,030 Ascension Parish $726,200 $472,030 Assumption Parish $726,200 $472,030 Avoyelles Parish $726,200 $472,030 Beauregard Parish $726,200 $472,030 Bienville Parish $726,200 $472,030 Bossier Parish $726,200 $472,030 Caddo Parish $726,200 $472,030 Calcasieu Parish $726,200 $472,030 Caldwell Parish $726,200 $472,030 Cameron Parish $726,200 $472,030 Catahoula Parish $726,200 $472,030 Claiborne Parish $726,200 $472,030 Concordia Parish $726,200 $472,030 De Soto Parish $726,200 $472,030 East Baton Rouge Parish $726,200 $472,030 East Carroll Parish $726,200 $472,030 East Feliciana Parish $726,200 $472,030 Evangeline Parish $726,200 $472,030 Franklin Parish $726,200 $472,030 Grant Parish $726,200 $472,030 Iberia Parish $726,200 $472,030 Iberville Parish $726,200 $472,030 Jackson Parish $726,200 $472,030 Jefferson Parish $726,200 $472,030 Jefferson Davis Parish $726,200 $472,030 Lafayette Parish $726,200 $472,030 Lafourche Parish $726,200 $472,030 La Salle Parish $726,200 $472,030 Lincoln Parish $726,200 $472,030 Livingston Parish $726,200 $472,030 Madison Parish $726,200 $472,030 Morehouse Parish $726,200 $472,030 Natchitoches Parish $726,200 $472,030 Orleans Parish $726,200 $472,030 Ouachita Parish $726,200 $472,030 Plaquemines Parish $726,200 $472,030 Pointe Coupee Parish $726,200 $472,030 Rapides Parish $726,200 $472,030 Red River Parish $726,200 $472,030 Richland Parish $726,200 $472,030 Sabine Parish $726,200 $472,030 St. Bernard Parish $726,200 $472,030 St. Charles Parish $726,200 $472,030 St. Helena Parish $726,200 $472,030 St. James Parish $726,200 $472,030 St. John the Baptish Parish $726,200 $472,030 St. Landry Parish $726,200 $472,030 St. Marin Parish $726,200 $472,030 St. Mary Parish $726,200 $472,030 St. Tammany Parish $726,200 $472,030 Tangipahoa Parish $726,200 $472,030 Tensas Parish $726,200 $472,030 Terrebonne Parish $726,200 $472,030 Union Parish $726,200 $472,030 Vermilion Parish $726,200 $472,030 Vernon Parish $726,200 $472,030 Washington Parish $726,200 $472,030 West Baton Rouge Parish $726,200 $472,030 West Carroll Parish $726,200 $472,030 West Feliciana Parish $726,200 $472,030 Winn Parish $726,200 $472,030Note: You'll need to get a jumbo loan if you want to borrow more than $726,200, regardless of where you want to live in Louisiana. How to determine which mortgage is right for youYou may want to consider an FHA mortgage if you don't think you'll meet the requirements for a conforming mortgage. A conforming mortgage may be a good choice if you plan on getting a home that costs more than the FHA borrowing limit in your county.

Sea level rise will flood huge swaths of the country and submerge billions of dollars’ worth of land, according to a new report. The analysis indicates that sea level rise could reduce the value of that private land by more than $108 billion by the end of the century. Risk isn’t evenly distributedClimate Central found that, unsurprisingly, the effects of sea level rise aren’t evenly distributed across the U.S. In Galveston County, Texas, more than 4,200 buildings that are currently above sea level will be at least partially underwater. While sea level rise is one of the major impacts of the climate crisis, it’s not the only one.

Search resuls for: "Terrebonne Parish"

5 mentions found