Sign in to comment!

Menu
Home

Earth Quakes

California quake leads to renewed calls for earthquake early-warning system after Napa temblor

  • California Earthquake-1.jpg

    The earthquake-damaged historic winery building dating from 1886 at Trefethen Family Vineyards leans Monday, Aug. 25, 2014, in Napa, Calif. The winery hopes to save the building that is in danger of collapse after San Francisco Bay Area's strongest earthquake in 25 years struck the heart of California's wine country early Sunday. (AP Photo/Eric Risberg) (The Associated Press)

  • California Earthquake-2.jpg

    Owner Janet Trefethen, right, and president Jon Ruel, left, talk about the earthquake damage to the historic winery building, seen in the background, dating from 1886 at Trefethen Family Vineyards Monday, Aug. 25, 2014, in Napa, Calif. The winery is hopeful they can save the building after San Francisco Bay Area's strongest earthquake in 25 years struck the heart of California's wine country early Sunday. (AP Photo/Eric Risberg) (The Associated Press)

In the coming years, Californians could have valuable seconds of warning before earthquakes such as this week's wine country temblor strike.

Earthquake early warning systems that provide such notice are in place in Mexico and Japan. But California has lagged behind those countries.

Sunday's rolling 6.0 shake near Napa has led to renewed calls for its quick deployment before another, possibly more destructive temblor strikes. Researchers are testing a system that could provide tens of seconds of warning, but it is not available for public use.

The state, meanwhile, has directed its Office of Emergency Services to develop an early-warning system and identify funding sources. The system would cost about $80 million.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 4.17% up 4.11%  
15 Y Fixed Graph 3.19% up 3.16%  
30 Y Fixed Jumbo Graph 4.35% up 4.32%  
5/1 ARM Graph 3.30% up 3.13%  
5/1 Jumbo ARM Graph 3.56% up 3.32%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.41% dw 4.52%  
$50K HELOC Graph 4.06% dw 4.09%  
$30K Loan Graph 5.08% -- 5.08%  
$50K Loan Graph 4.56% -- 4.56%  
$75K Loan Graph 4.56% -- 4.56%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 3.06% up 3.04%  
36 M Used Graph 3.29% up 3.26%  
48 M New Graph 2.96% dw 2.99%  
48 M Used Graph 2.96% up 2.93%  
60 M New Graph 3.22% dw 3.25%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.37% -- 0.37%  
1 yr Graph 0.60% -- 0.60%  
5 yr Graph 1.45% -- 1.45%