CAR Market Matters

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...

New Legal Tools

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...

Understanding the Market

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...

CAR Market Matters

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)...
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