Click Here for COVID-19 Info
Ticor Title Company

News

Bidding wars decline as the housing market cools: Redfin
...asking price as they were in the spring, when competition in the housing market was peaking." With mortgage rates rising in recent weeks, Marr expects the percentage of bidding wars to continue......

Commercial Weekly: Apartment Demand and Rents Likely to Remain Robust in 2022
...growth remain elevated in 2022, given the current rates of absorption, rising mortgage rates in 2022, and the lower level of construction activity relative to current demand. Demand for multifamily......

September 2021 Existing-Home Sales Bounce Back 7% from Prior Month
NAR released a summary of existing-home sales data showing that housing market activity this September inclined 7.0% from August 2021. September's existing-home sales reached a 6.29 million seasonally......

Instant Reaction: Mortgage Rates, October 21, 2021
Mortgage rates continued to move up for the second straight week. Specifically, the 30-year fixed mortgage rate rose to 3.09% from 3.05% the previous week. Meanwhile, rates went up......

Savings Calculator
...18, 2021, the national average savings APY was 0.06%, according to FDIC data. Online banks and credit unions tend to offer the best high-yield savings accounts. In choosing a savings account......

Housing is the economys Energizer bunny: It keeps going and going
New York (CNN Business)The housing market is showing no significant signs of slowing, despite some concerns that prices may be close to peaking as mortgage rates climb. Housing starts in September......

Can I Quit My Job And Still Get A Mortgage? We’ve Got Answers.
...buy a house in the next few months or years, particularly when housing market prices continue to climb? Albeit, the stories of people who have left jobs run a gamut of reasons, like they were......

Fountain Residential Breaks Ground on Louisiana Student Housing
...up  Despite initial concerns over how the pandemic will affect the student housing market, the sector’s performance has exceeded 2019 levels in both preleasing rates and rent growth. Overall......

As refis dry up, mortgage firms vow to lend more to minority borrowers
...are expected to drop 62% to $860 billion, due mostly to rising mortgage rates, according to the MBA's forecast. The MBA expects mortgage rates to rise to 3.1% by year-end and to 4% by the end......

Current mortgage and refinance rates for October 22, 2021 – Rates historically low
...and interest of $428.10 for every $100k you borrow. Summary: How mortgage rates have moved 30-year fixed mortgage rate: 3.18%, down from 3.20% last week, -0.02 15-year fixed mortgage rate:......

Current mortgage interest rates on Oct. 22, 2021: Rates fall
Today a couple of notable mortgage rates declined. If you haven't locked yet, see how your future mortgage payments could be affected. A few notable mortgage rates went down today. While 15-year......

Should You Lock Your Mortgage Rate Today?
...Parrish, head of retail lending product management at BMO Harris Bank. “If mortgage rates are attractive to the customer, many of them lock shortly after applications, as they do not want to......

Commemorating MLK Memorial, NAR Vows a Fairer Future
...the Martin Luther King, Jr. Memorial in Washington, D.C. Nearly 20 NAR representatives, including CEO Bob Goldberg and President Charlie Oppler, attended an anniversary dinner Wednesday, where......

Residence Underwater Due To Liens Not An Asset That Could Be Fraudulently Transferred In Tootian
...property from being taken by creditors. Among these transactions were apparently bogus foreclosures which were started and then stopped by friendly creditors to try to thwart the unfriendly creditors......

N.H. Town Named Hottest Market for 10th Time
...pandemic began, Manchester, N.H., has been named the nation’s hottest housing market in the country. The midsize city about an hour southwest of Boston is known as an affordable alternative that......

Home Sales Jump as Buyers Aim to Beat Rising Rates
...in September as buyers may have felt a sense of pressure as mortgage rates started to inch up. Existing-home sales rose by 7% in September compared to August. All major regions of the country......

Home sales rebound while prices continue to climb
After the housing market finally started cooling off a bit over the summer, sales rebounded in September. The tight inventory of homes, which had been improving earlier in the year, worsened......

U.S. existing-home sales rise 7%, the most in a year
...in a year, suggesting a slight easing in home-price growth and lower mortgage rates a month earlier provided a tailwind for demand. Contract closings increased 7% from the prior month, the most......

Mortgage rates increase further over past week
Mortgage rates reached another seasonal high, as the 30-year fixed rate climbed further upward over the past week. The average 30-year fixed rate mortgage came in at 3.09% for the......

Tesla, Unilever, And AT&T Beat Earnings Estimates Despite Higher Costs
...issues. Additionally, Whirlpool is seen by some investors as insight into the housing market. After Wednesday’s close, automaker and technology company......

What is RESPA?
...real estate agents, appraisers, attorneys, home inspectors, loan officers, loan underwriters and title insurance company reps. Part of RESPA’s aim is to oversee that entire ecosystem. What does......

Can a Business Credit Card Hurt Your Personal Credit?
...requirement of a personal guarantee. According to the Federal Deposit Insurance Corporation (FDIC), 96% of large banks and 86% of small banks evaluate personal guarantees when small businesses......

Today’s Mortgage Rates: October 20, 2021—Mortgage Rates Increase
...average rate on a 5/1 ARM is 2.81%. Related: Compare Current Mortgage Rates Loan Term Rate Change Rate Last Week 30-year fixed 3.21% -0.03% 3.24% 15-year fixed 2.47% 0.01% 2.46% 30-year......

Why Your House Isn’t Selling In This Hot Market
...when I click on Zillow or Realtor.com to check on the housing market (my obsession), I’m amazed at how many properties remain unsold months after their listing. Since pretty much every house......

Refinance rates on Oct. 21, 2021: Mortgage rates vary, 30-year fixed rate drops
Refinance rates were mixed, though one key rate fell a bit. In general, refinance rates for mortgages were varied with one notable rate dropping: the 30-year fixed refinance rate. However, the......