CAR Market Matters

Talking Points CoreLogic® reported that U.S. homeowners with mortgages (roughly 63 percent of all homeowners) saw their equity increase by a total of $783 billion in 2016, an increase of 11.7 percent. Additionally, just over 1 million borrowers moved out of negative...

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All Sellers Must Sign Listing Agreement

To collect a commission for selling real estate, the statute of frauds requires the agreement to be in writing and signed by the party to be charged.  This means that any seller who has not signed the listing would not be liable to pay a commission. But what if...

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CAR Market Matters

Talking Points Mortgage rates broke their month-long holding pattern as they decreased this week, according to Freddie Mac’s Primary Mortgage Market Survey. The 30-year fixed rate mortgage decreased to 4.1% for the week ending March 2, 2017. This is down from last...

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CAR Market Matters

Talking Points Existing-home sales nationally stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors® (NAR). All major regions except...

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CAR Market Matters

Talking Points Rates for home loans were unchanged after notching their first weekly increase in 2017, mortgage provider Freddie Mac said Thursday. The 30-year, fixed-rate mortgage averaged 4.19 percent during the February 2 week. The 15-year, fixed-rate mortgage...

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