The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions.

This month, we’re covering:

  • ARM rates, which remain useless to buyers seeking to increase their borrowing capacity beyond the amount allowed with an FRM;
  • FRM rates, which continued to rise in October 2023, with the average 30-year FRM exceeding 7.6%; and
  • the generous rate spread between the 10-year Treasury Note and FRMs, demonstrating lenders anticipate rates will continue to rise — and mortgage defaults will increase.

Download the Monthly Statistical Update

Download the customizable PDF version of the November 2023 MSU to share the latest market stats with your office and clients.

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