Today’s News Synopsis:
In The News:
CNN – “4 ways Trump wants to make America more affordable. Will they work?“ (01-14-2026)
“Trump promises more details on housing and health care affordability at Davos, but economists question whether his proposals would meaningfully ease Americans’ cost-of-living pressures.”
Realtor.com – “Property Tax Deadlines in January Homeowners Should Know About” (01-14-2026)
“January marks the start of a new year—and in many parts of the country, it’s also time for homeowners to square away their property taxes.”
CNBC – “Mortgage refinance demand surges 40% higher after Trump post briefly tanks interest rates” (01-12-2026)
“For the whole week, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less, decreased to 6.18% from 6.25%.”
Redfin – “Trump’s Mortgage Bond Order Pushes Rates Below 6% For First Time in Nearly 3 Years, Boosting Purchasing Power“ (01-14-2026)
“Purchasing power has increased $30,000 in the last six months, with rates falling below 6% the day after President Trump ordered a $200 billion mortgage bond purchase. ”
Mansion Global – “As They Rebuild, L.A.’s Wildfire Victims Focus on a Future That Won’t Go Up in Smoke“ (01-12-2026)
“While some see speed as the highest priority, many residents of Pacific Palisades and Altadena have leaned into fire prevention through innovation in materials and design”
California Real Estate Investor Events
Bruce Norris will be the keynote speaker at the Fliphacking event in San Diego on Tuesday, Oct 12.
The Norris Group presents its award-winning black-tie event I Survived Real Estate 2023 on Friday, October 27.
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