Fixed rate mortgage (FRM) rates leaped; While mortgage rates jump, Treasuries only rise; High home prices just lost support
Mortgage rates jump, depressing real estate pricing in 2022; Monthly Statistical Update (February 2022)
read more
Real Estate Principles: Video™
A dynamic and multimedia collection of fundamental real estate concepts – step into the future of learning.
Stay current on the latest news, videos, forms, and updates for Real Estate Principles: Video™
Recent updates to the course e-book
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
DRE Hot Seat: Unlicensed assistants need adequate supervision
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who failed to adequately supervise and review transaction files, and unlawfully employed and compensated an unlicensed employee for performing acts requiring a real estate license.
When may an appraiser trainee inspect independently?
The law is not clear cut, but the Bureau of Real Estate Appraisers (BREA) clarified the answer in their Fall-Winter 2021 newsletter.
MLO Mentor: The HECM reverse mortgage
This article discusses the facts and features of reverse mortgages.
DRE requests public comment on anti-discrimination updates to real estate law
2021’s flurry of new anti-discrimination laws has left the California Department of Real Estate (DRE) scrambling to catch up.
MLO Mentor: Different types of ARMs
This article reviews the different types and features of adjustable-rate mortgages (ARMs).
Form-of-the-Week: Employment Agreements — For Transaction Coordinator and Office Manager — Forms 507 and 510
An employing broker uses RPI Forms 507 and 510 when employing a transaction coordinator or an office manager to assist the broker in reviewing documents and maintaining files.
Mortgage Concepts: When can a borrower cancel FHA mortgage insurance?
Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses when a borrower can cancel Federal Housing Administration (FHA) mortgage insurance.
Disclosure of buy-side fees: a compliance blindspot for some real estate brokers
Real Estate Compliance Consultant and former California Department of Real Estate (DRE) Investigator Summer Goralik highlights the importance of buyer-side fee disclosures.