Talking Points Mortgage applications to purchase a home and for refinancing barely budged last week, the Mortgage Bankers Association reported. Economists are blaming the stall in loan demand on rising interest rates and rising home prices. Total mortgage application...

C.A.R. Legal Tools offers dynamic, concise, and engaging legal material to help you, your office, and your clients quickly and easily understand key legal issues pertaining to real estate. The most recent Legal Tools topic discusses an agent’s duty to conduct a...

Market Pulse Survey • For the 37% of properties selling below asking price, the average percentage paid below asking price decreased to 12% from 13% last month, but flat from last year. • For the 31% of properties selling above asking price, the average premium paid...

Talking Points "Rates held relatively flat this week. The 10-year Treasury yield fell just 1 basis point, while the 30-year mortgage rate remained unchanged at 3.83 percent,” said Sean Becketti, chief economist, Freddie Mac. 30-year fixed-rate mortgage (FRM) averaged...

The devastating fires that raged through eight counties in Northern California, including Napa, Sonoma, Butte, Mendocino, and Lake, yesterday have destroyed more than 1,500 structures and taken several lives. A wildfire in Southern California also destroyed numerous...

Talking Points The highest interest rates in a month prompted a setback to the mortgage market last week. Total mortgage application volume—which includes applications for home purchases and refinancing—dropped 0.5 percent on a seasonally adjusted basis, the Mortgage...

C.A.R. Legal Tools offers dynamic, concise, and engaging legal material to help you, your office, and your clients quickly and easily understand key legal issues pertaining to real estate.  Additional content is released monthly - watch your inbox each month for...