The trend for state-licensed MLOs is down in 2019.
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The trend for state-licensed MLOs is down in 2019.
Fixed rate mortgage (FRM) rates decline; Adjustable rate mortgage (ARM) rates decrease, not enough; Economic expectations see Treasury rates bottom
California home sales volume to continue down; The yield spread forecasts the next recession; Active agents and brokers decline
The California Buyer Purchasing Power Index (BPPI) figure rose to +10.1 in September 2019.
California’s homeownership rate rebounded slightly in 2018. Will the next wave of first-time homebuyers bring a sea change?
The homeownership decline hits young homeowners hardest; Student loan debt holds back homeownership for the young; Negative immigration to continue chipping away at home sales
A drop in negative net migration occurred in California in 2018.
FRM interest rates now cheaper than ARMs; Buyer Purchasing Power rises in 2019; Negative yield spread forecasts recession
Wright v. County of San Mateo Facts: The owner of an unimproved lot applies for a mortgage to fund the construction of a home to occupy as their primary residence. As a condition of funding, the mortgage holder requires title to the home to be held by an LLC. The...
No Corrections Currently Reported.