Ethics in rendering broker price opinion (BPO) services Learn to recognize when arrangements, situations, and relationships can give rise to conflicts of interest in the preparation of a broker price opinion (BPO).
DRE Bulletin Digest: Summer 2023 The Summer 2023 edition of the California DRE Bulletin includes licensee reminders about broker supervision, adjustable rate mortgages (ARMs) and trust funds.
Due-on-Death, Divorce, and Inter-Family Transfer Exceptions This video covers due-on clause enforcement on death, divorce and inter-family transfers regarding residential property.
New law simplifies, expands Revocable Transfer on Death Deeds AB 288 expands owners who may use Revocable Transfer on Death (TOD) Deeds and clarifies outcomes when a Revocable TOD Deed conflicts with other deeds.
California home sales volume Just 24,900 new and resale home transactions closed escrow in California during August 2023. Sales volume year-to-date is a fee-crushing 27% below a year ago and also 27% below 2019 — the last normal year for housing.
The 10-year Treasury Note rate The 10-year Treasury Note rate, a leading indicator of the direction of future Freddie Mac rates, is currently 4.43% as of September 22, 2023. This figure is up from 4.23% a month earlier and 3.72% a year earlier.
Current mortgage rates The average 30-year FRM rate remained level at 7.19% in the week ending September 22, 2023. The average 15-year FRM rate was also roughly flat at 6.54%.
Popular: Share your insight with the DRE — and earn free CE The DRE wants to hear from licensees to develop the latest salesperson and broker state exams — and is giving free CE as a thank you.
Trending: Mortgage delinquencies remain low — for now Mortgage delinquencies persist near historic lows in 2023 but are slowly on the rise, with real estate owned (REO) property soon to make a comeback.
Popular: As mortgage complaints jump — originations plummet In 2022, consumer mortgage loans originated by DFPI licensees was down a shocking 70% from the prior year.
Trending: Monthly Statistical Update: September 2023 Today's market includes low buyer purchasing power, consumers saving for a rainy day and a yield spread pointing towards a late-2023 recession.
Real Estate Crossword Test your real estate fundamentals with the weekly firsttuesday Real Estate Crossword Puzzle! Test your knowledge this week on Real Estate Participants.
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