CAR Market Matters

Talking Points Based on signed contracts, year-over-year statewide pending home sales fell for the fifth straight month in May on a seasonally adjusted basis, with the Pending Home Sales Index (PHSI)* declining 3.9 percent from 123.0 in May 2016 to 118.1 in May 2017....

CAR Market Matters

Talking Points Mortgage applications continued to rise (though only slightly) in the last week, with refinance applications driving the increase again, according to the latest data from the Mortgage Bankers Association.  The MBA’s Market Composite Index, a...

June 2017 New and Revised Forms Release Info

The Standard Forms Advisory Committee (SFAC) will be releasing four new and fourteen revised forms this week. The new forms are all related to rental properties. Of the fourteen revised forms, eight are listing agreements. The drafts of the New and Revised Forms and...

CAR Market Matters

Talking Points The 30-year fixed mortgage rate fell for the fourth consecutive week and hit its lowest level in nearly seven months, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS) for the week ending June 8. The 30-year fixed-rate mortgage (FRM)...
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