Newsletter

Reader, Fed accelerates rates plans, mortgage history and the Pest Control Certification.

Your firsttuesday real estate news
Week of December 20, 2021

Features

Fed announces a quicker increase to interest rates
The Fed's announcement follows another month of record-setting consumer inflation.

A history of the mortgage industry: Part 1
Part 1 of this two-part article series examines the history of the U.S. mortgage industry, with a focus on California.

Issuance of a Certificate of Clearance
This video covers correcting a termite or fungus infection, and the Pest Control Certification.

Vote on it

Do you think mortgage interest deductions encourage buyers to pay a premium price for a home?

Refinancing inequality during the COVID-19 pandemic
Refinancing activity boomed for high-income refinancers in 2020 and 2021, but not for low-income earners.

MLO Mentor: Anti-Money Laundering
This MLO Mentor article outlines common money laundering practices and the government programs that counter them.

Mortgage Concepts: Nontraditional mortgage risk
Our Mortgage Concepts video explainer reviews the risks of nontraditional mortgages.

Video Renewal Course: Real Estate Made Reel

Your real estate CE has gone Hollywood

Why read when you can binge watch your continuing education?

Introducing firsttuesday's Video Renewal Course: Real Estate Made Reel. Click here for a teaser of California’s first — and only — DRE-approved, video-based renewal experience.

CalPaces for Recruiting: A broker’s recruiting plan
CalPaces helps brokers solidify their business model and recruiting plan.

New California law tackles bias in real estate appraisals
A new law passed in California with additional requirements for continuing education.

ADUs to be sold separately from main residence
A new amendment to a previous law allows ADUs to be sold separately in California.

New California law to increase density
California legislators seek to combat the housing shortage with the passage of Senate Bill 10.

Brown v. Montage at Mission Hills, Inc.
May an HOA restrict a property owner from renting out their property when they purchased it before the restriction?

Current market rates
The average 30-year fixed rate mortgage increased to 3.12% in the week ending December 17, 2021.

RPI Form Updates

— Form 575-1: Three-Day Notice to Pay Rent or Quit, without rent-related fees

— Form 575-2: Three-Day Notice to Pay Rent with rent-related fees, for properties subject to just cause eviction requirements

— Form 575-3: Three-Day Notice to Pay Rent, for properties subject to just cause eviction requirements

— Form 575-4: Notice of COVID-19 Window Period Rent Assistance, for defaults on amounts from October 1st, 2021 through March 31st, 2022

To access all updated forms, view our RPI Forms library here.
Click on Download the Full Forms Library to download our entire catalog.

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