CAR Market Matters

Talking Points Total mortgage applications fell 3.1 percent for the week, according to the Mortgage Bankers Association’s seasonally adjusted report. Applications to refinance a home fell 8 percent for the week, marking the lowest level since January. They were...

CAR Market Matters

Talking Points The average rate on the 30-year, fixed-rate mortgage went up one basis point, the 15-year fixed rose two basis points, and the 5/1 ARM dropped one basis point, according to a NerdWallet survey of daily mortgage rates published by national lenders...

Realegal Upate

Affordable Housing Fund Document Recording Fee With keen awareness of California’s shortage of affordable housing, the legislature passed more than 20 bills related to housing in this year’s session. Chief among these laws is Senate Bill 2.  This law...