Florida cuts premiums. California warns of higher bills.
Source: Freddie Mac weekly averages via FRED. Averages, not an offer.
housingSCE chief warns wildfire bill gap could raise costs
A credit downgrade after failed legislation may push extra charges onto ratepayers.
Why it matters: Homeowners may see larger utility bills if the credit downgrade passes costs to customers.
- housing
Costa Mesa greenlights Fairview housing project
The plan covers the old state hospital grounds in the city.
Why it matters: More homes are coming to the area, which may affect local availability and neighborhood character.
- housing
Florida OKs Four More Home Insurance Rate Cuts
The changes average a 7% drop and touch 62,000 policies at renewal.
Why it matters: Homeowners renewing one of these 62,000 policies can expect a lower premium, averaging a 7% drop.
- housing
L.A. unlocks $466 million for affordable homes
The city's biggest-ever funding pool for low-cost housing projects.
Why it matters: More capital for builders could expand the supply of lower-cost units across the city.
- weather
Tropical Depression Near Hawaii May Become Hurricane
A system with 35 mph winds south of the islands is expected to strengthen over the weekend.
Why it matters: Homeowners should prepare for potential flooding and storm damage this weekend.
The 4Homes Brief summarizes reporting from the outlets named on each story. Mortgage links go to 4Homes, a Better Offers Inc site. Loans offered nationwide through licensed lending sources.