May 13, 2025

Latest headlines

Mortgage

Mortgage rates dip; Ford discounts lineup amid tariff blitz

The average rate on a 30-year mortgage in the U.S. edged lower for the second week in a row, a modest but welcome boost for prospective home shoppers in the midst of the spring homebuying season. The rate fell to 6.64% from 6.65% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the

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Finance

Evan Low fined $106,000 for campaign finance violations including “intent to conceal” payment to Alec Baldwin – East Bay Times

California’s political watchdog organization is slapping former Assemblymember Evan Low with a $106,000 fine for 23 counts of violating state campaign finance laws — allegations that include using his tech nonprofit to pay actor Alec Baldwin more than $227,000 to appear at an event for the group and a fundraiser for Low, which investigators said

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Finance

Evan Low fined $106,000 for campaign finance violations including “intent to conceal” payment to Alec Baldwin – The Mercury News

California’s political watchdog organization is slapping former Assemblymember Evan Low with a $106,000 fine for 23 counts of violating state campaign finance laws — allegations that include using his tech nonprofit to pay actor Alec Baldwin more than $227,000 to appear at an event for the group and a fundraiser for Low, which investigators said

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Finance

Sausalito fires finance director, installs substitute

Sausalito has fired its finance director on the brink of budget drafting season, but it won’t say why. Chad Hess had held the position since July 18, 2023, after an interim period performing the job, according to the city. His most recent annual salary was $174,573. City Manager Chris Zapata said Hess’ dismissal is a

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Funds

Immigration groups sue Trump administration over cuts to legal funds for unaccompanied minors – The Mercury News

Several nonprofit groups across the country are suing the U.S. Department of Health and Human Services in a bid to restore funding tied to providing legal representation for roughly 26,000 unaccompanied children in the United States, days after the Trump administration moved to cancel such contracts. The federal lawsuit announced Wednesday, March 26, was filed

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Funds

Home-hardening grant program frees $103 million in unspent funds

More than $100 million in state grant funding has been left unclaimed by My Safe Florida Home program applicants, and grant hopefuls are urged to immediately take steps to claim $10,000 for home-hardening projects. The money is being reallocated from homeowners who completed their inspections and paperwork but did not follow through by completing their

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Funds

Chevron funds to potentially pay off millions in Richmond pension debt – The Mercury News

In what officials say would be a financially responsible move, the city may use a portion of a $550 million payout from Chevron to settle some of its unfunded pension liabilities. An annual $50 million payment from the Chevron Richmond Refinery will flow into Richmond’s general fund for the next 10 years as part of

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Funds

Colorado to lose more than $230M in mental health, addiction grants

Colorado’s health agencies will lose more than $230 million in federal grants, some of which already had been committed to programs that include crisis response teams and peer support for people recovering from addiction. The Trump administration is pulling back four grants to the Colorado Department of Public Health and Environment that fund COVID-19 disease

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Funds

Colorado to lose more than $30M in mental health, addiction grants

Colorado’s Behavioral Health Administration will lose more than $30 million in federal grants, the majority of which already had been committed to programs including crisis response teams and peer support for people recovering from addiction. The U.S. Department of Health and Human Services’ Substance Abuse and Mental Health Services Administration notified the BHA on Monday

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