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Gov. Brown to Address Attendees of C.A.R. Legislative Day

Gov. Jerry Brown will be speaking at this year’s Legislative Day, Wednesday, April 30, at the Sacramento Convention Center. Gov. Brown, always an engaging and dynamic speaker, will discuss the nexus between grassroots legislative involvement and the success of your business. Every year, C.A.R. hosts Legislative Day as an opportunity for California REALTORS® to come […]

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Mortgage rates flatten out, Freddie says: 30-year fixed at 4.41%

By E. Scott Reckard April 3, 2014, 9:43 a.m. Mortgage rates leveled off early this week, with the average for a 30-year fixed loan at 4.41%, a smidge above the 4.4% recorded a week earlier, Freddie Mac said. Freddie’s survey of what lenders are offering to solid borrowers, released Thursday, showed that the average rate […]

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Foreclosure and Shadow Inventory Both Decline in February

CoreLogic released its National Foreclosure Report for February, 2014, reporting 43,000 completed foreclosures for the month, a 13.1 percent decrease from January, 2014. Yearly, foreclosures declined 15 percent from February, 2013. Comparatively, foreclosures averaged 21,000 per month before the housing crisis from 2000 to 2006. Since September, 2008, 4.9 million foreclosures have been completed. As […]

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