CAR Market Matters

Talking Points There was a 0.2 percent drop in mortgage application volume last week from the previous week. Volume was 12.6 percent lower than a year ago, according to the Mortgage Bankers Association’s seasonally adjusted data released Wednesday. The refinance...

CAR President’s Message

Dear CAR Member, I hope by now you’re familiar with the Center for California Real Estate (CCRE), an institute of C.A.R. dedicated to advancing housing industry knowledge and innovation among different audiences through roundtables, panel discussions, and summits. In...

CAR Market Matters

Talking Points Mortgage applications dropped 2.5 percent last week, seasonally adjusted, according to the Mortgage Bankers Association. Total volume was 12 percent lower than the same week one year ago. Mortgage applications to purchase a home fell 5 percent for the...