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...

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...

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,...

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...