Fixed rate mortgage (FRM) rates leaped; While mortgage rates jump, Treasuries only rise; High home prices just lost support
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Fixed rate mortgage (FRM) rates leaped; While mortgage rates jump, Treasuries only rise; High home prices just lost support
After years of stimulus injections and Federal Reserve (Fed) support, the government is taking off the training wheels in 2022.
U.S. homeowners’ home equity levels rose significantly in 2021, though California homeowners experienced twice the gains as the rest of the nation.
As savings dwindle, so do individual economic prospects — and the outcome for housing ought to worry real estate professionals.
The California BPPI figure declined to -5.0 in December 2021, reflecting a 5% decrease in mortgage money available to homebuyers reliant on financing.
Fixed rate mortgage (FRM) rates look flat to up; Bond market investors subdued as the Fed fights inflation; Homebuyers eye low rates on adjustable rate mortgages (ARM)
Catch up on 2021’s biggest real estate stories and read firsttuesday’s forecast for 2022 and beyond.
Household wealth disparities continue to plague the U.S. economy, and legislators have yet to come up with any solution.
The Fed’s announcement follows another month of record-setting consumer inflation.