Real Estate News

Buoy

CalHFA lends billions — but first-time homebuyers still outnumber relief

The California Housing Housing Finance Agency (CalHFA) celebrated $1 billion in single family lending over the course of fiscal year (FY) 2015-2016, according to a press release issued in June 2016. The CalHFA estimates the billion in lending benefitted about 5,000 first-time homebuyers. Congrats, CalHFA — but you’re nowhere near done. Despite the seemingly enormous

Finance and Mortgages

Chart: 30-year FRM Rate, weekly

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Where are mortgage rates now? Check out our weekly interest rate update to track the latest market rates.

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Market Watch

Chart: 30-year FRM Rate, weekly

Current market rates

Where are mortgage rates now? Check out our weekly interest rate update to track the latest market rates.

Chart: 30-year FRM Rate, weekly

Current market rates

Where are mortgage rates now? Check out our weekly interest rate update to track the latest market rates.

Chart: 30-year FRM Rate, weekly

Current market rates

Where are mortgage rates now? Check out our weekly interest rate update to track the latest market rates.

CalBRE Watch

CalBREDigestSummer2016

Summer 2016 CalBRE Real Estate Bulletin Digest

This quarter, the California Bureau of Real Estate (CalBRE) Real Estate Bulletin: highlights its Complaint Resolution Program (CRP); calls for your help in a real estate study; reviews your duty to retain transaction records; clears up misconceptions about what CalBRE does; and reviews mortgage loan originator (MLO) endorsement requirements. It’s a busy bulletin! Complaint resolution,

Real Estate Investment

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Commercial

construction

Brown’s housing proposal slain by construction unions

Governor Brown’s affordable housing proposal is shot down by one of its potential beneficiary groups: construction labor unions. Although the proposal held promise, attendant excess development costs make it infeasible for many California developers.

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