COVERAGE INFORMATION:
California Department of Real Estate (DRE) NEWS CLIPS service coverage:
Monday through Friday (except state holidays) each week includes electronic format articles retrieved from newspapers or news services that report real estate related news in California and some national services. Coverage is for California newspapers that are available electronically via the Internet - and any significant related breaking news.
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Copyright © , California Department of Real Estate
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Friday, September 25, 2026
Top Stories
30-year fixed mortgage rate jumps sharply Thursday to 7.45%
DIANA OLICK, CNBC
Mortgage rates rose sharply Thursday, as bond yields surged, with the average rate on the 30-year fixed hitting 7.45%, according to Mortgage News Daily.
National News
Where Buyers Are Turning for Lower Mortgage Rates
MELISSA DITTMAN TRACEY, NAR Realtor News
Some buyers are turning to adjustable-rate mortgages, which typically offer a lower initial rate for a set period, such as five or 10 years, in exchange for the possibility of future rate adjustments.
Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings
NATIONAL MORTGAGE PROFESSIONAL STAFF, National Mortgage Professional
Homebuyers are putting less money down than they were a year ago, another sign that increased inventory and greater negotiating room are changing the purchase market.
California News
L.A. approves $466 million in affordable housing spending, the largest pool ever
JACK FLEMMING, LA Times (Subscription)
On Tuesday, the City Council unanimously approved $466.6 million in funding that will be doled out to developers, nonprofits, land trusts and other organizations to build and renovate affordable housing.
New Elk Grove program to offer first-time homebuyers up to $60,000 for down payment
CAMRYN DADEY, Sacramento Bee (Subscription)
The Elk Grove City Council unanimously approved a first-time homebuyer assistance program for moderate-income residents that will provide low-interest, deferred-payment loans to first-time homebuyers in the city.
‘It’s a new world now’: Why more California winery bankruptcies and foreclosures are coming
JESS LANDER, San Francisco Chronicle (Subscription)
With few buyers and declining asset values, bankruptcy and foreclosure, once a rarity, are the new last resorts for California wineries.
Industry News
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Real Estate Technology
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Property News
Architecture Firms Remain Under Pressure as August Billings Decline
MICHAEL GERRITY, World Property Journal
U.S. architecture firms continued to operate in a challenging business environment in August, with billings declining for another month as high financing costs and persistent inflation weighed on new project activity.
In Case You Missed It
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Resources, Webinars, and Other Items of Interest
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