One Cool Thing
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...
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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...
One Cool Thing
CAR Market Matters
Talking Points Total mortgage application volume rose by 3.1 percent for the week, according to the Mortgage Bankers Association's seasonally adjusted report. Volume is sitting at 8.5 percent below a year ago Refinancing volumes jumped 6 percent for the week, the...
CAR Urges Congress to Support Home Ownership
Dear CAR Member, As I begin my term as your 2018 C.A.R. President, I have some very important news to share with you. As you know, for the past several weeks, C.A.R. has been on the forefront advocating for homeownership as Congress moves forward with its tax reform...
One Cool Thing
CAR Market Matters
Talking Points Fannie Mae's Book of Business increased at a compound annualized rate of 2.7 percent in September. The Conventional Single-Family Serious Delinquency Rate increased two basis points to 1.01 percent in September. Multifamily Serious Delinquency Rate...
C.A.R. Installs 2018 Leadership Team
C.A.R. installed its 2018 Leadership Team this week. Leading the team is C.A.R. President Steve White, a 31-year real estate veteran and broker in Southern California. Serving with White are President-elect Jared Martin, Treasurer Dave Walsh, and Chief Executive...