Reader, home price forecast, the remote appraisal revolution and open listings.  

Your firsttuesday real estate news
Week of February 28, 2022

Spill-over from rising interest rates impacts carryback arrangements
Rising interest rates are impacting more than just home prices.

MLO Mentor: Appraisal independence
This article outlines the need for and rules ensuring appraiser independence.

Mortgage Concepts: Common fraud schemes, Part 2
Watch Part 2 of our video series on mortgage fraud schemes MLOs encounter in their practice.

Homebuyers, sellers prepare for higher interest rates
Mortgage rates are rising — making buyers and sellers nervous.

One-third of homes for sale are new construction
New construction is up, but still far behind California's housing goals.

Legislative Gossip: March 2022
These new bills affect residential development, rental applications and mobilehome parks.

DRE Hot Seat: Deceitful misrepresentations are not due diligence
Learn how a broker's advance fee agreement landed them in hot water.

A bump-up moment in California construction starts
SFR starts are 34% above a year earlier in the six-month phase ending December 2021.

Current market rates
The average 30-year fixed rate mortgage fell slightly to 3.89% in the week ending February 25, 2022. The average 15-year FRM remained at 3.14%

Form udpates  RPI Form Updates

Form 306: Property Expense Profile

Form 550: Residential Lease Agreement

Form 551: Residential Rental Agreement (Month-to-Month)

NEW Form 564-1: Information on Dampness and Mold for Renters in California

NEW Form 564-2: Información Sobre la Humedad y el Moho para Inquilinos en California


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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