CAR Market Matters

Talking Points Mortgage application volume jumped 4.1 percent last week from the previous week, according to the Mortgage Bankers Association's seasonally adjusted report. Volume was 2 percent lower than a year ago, largely due to weakness in refinances. The average...

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CAR Market Matters

Talking Points Total mortgage application volume decreased 2.9 percent for the week, seasonally adjusted, according to the Mortgage Bankers Association. That marked the sixth straight week of losses. Applications to refinance a home loan fell 5 percent for the week to...

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Legislative Update

AB 1289 (Arambula) and AB 2884 (Irwin), C.A.R.’s sponsored legislation to update the real estate law, are both pending in the Senate. In 2016, C.A.R. successfully sponsored AB 685 (Irwin), which made some necessary technical corrections to the Real Estate Law...

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CAR Market Matters

Talking Points There was a 2.6 percent drop in total mortgage application volume last week, according to the Mortgage Bankers Association's seasonally adjusted report.  Volume was 10.5 percent lower than a year ago. Refinance volume has been falling for the past month...

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CAR Monthly President’s Message

Dear REALTOR, Thank you to all of you who attended C.A.R.’s Legislative Day in Sacramento earlier this month. Your attendance made it a great success! An unprecedented 2,500 of you turned out to hear Gov. Jerry Brown address us in the morning. Brown spoke about the...

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