Chicago Title Insurance Company

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New-home mortgage apps take a leap in lower rate climate
The low mortgage rates of August drove new homebuyers to cannonball into the purchase market compared to the year before, according to the Mortgage Bankers Association. The group's Builder......

Oil prices tumble after Saudi Arabia says production is coming back online
...Association of Home Builders housing index for September climbed more than expected. Mortgage rates have been dropping to multi-year lows this summer in the United States, as longer-dated Treasury......

The ball is in FHFA’s court for reforming the GSEs
...debt. Yet, the only plausible reason for the government to back the housing market is to help low or moderate income families buy homes. An evaluation of the GSEs’ 2018 business shows that......

Portland homebuyers may have an edge as sales flatten
...relatively good time to be a homebuyer in the Portland, Ore., area. Mortgage rates have fallen to near-record lows, and more houses are listed for sale. Bidding wars are mostly a thing of the......

August New Home Purchase Mortgage Applications Increased 33 Percent Sep 17, 2019
...Bankers Association (MBA) Builder Application Survey (BAS) data for August 2019 shows mortgage applications for new home purchases increased 33 percent compared to a year ago. Compared to July......

Bad Stocks Propped Up by a Good Economy
...over 80% of its revenue from residential construction, is benefiting from a housing market that has been more durable than expected. Despite constant predictions of a downturn, residential housing......

Mortgage Rates Help Buyers Save on Monthly Payments
...Chrome , or Edge . September 16, 2019 Slower home price growth and lower mortgage rates mean home buyers are paying less on their monthly mortgage payment than a......

Flood Insurance Extension Likely, But Reforms Elusive
...they falsely believe they don’t live in a high risk floodplain. NAR has long called on reforming the maps, which the Federal Emergency Management Agency uses to assess flood risk and crisis response......

Best 4-year CD rates in September 2019
...FDIC-insured bank or in a 4-year CD at an NCUA credit union. FDIC banks and NCUA credit unions are both backed by the full faith and credit of the U.S. government. But there are limits to the......

Modular Housing Can Save Time, Money, And Lower Prices
...efficiency, especially in saving time. Lowering costs means supply can reach the housing market faster and that means lower prices. The tour I took of the factory was a tutorial on how modular......

Fewer critical defects in closed mortgages, but income errors rise
...although not a definite finding of any unscrupulous behavior. The drop in mortgage rates during the first three months of the year likely resulted in the quarter-to-quarter improvement in defect......

Refinance rates increase for Monday
...Trend Index. Want to see where rates are right now? See local mortgage rates. Average mortgage rates Last week Last updated September 13, 2019. Methodology: The rates you see above......

Maui County sets record for median home price
...and half are at a lower price. Overall, there were 98 single-family home sales in August, down 10% from 109 a year earlier. In Maui County's condominium market, sale volume sank 22% to 117......

Mortgage rates increase for Monday
Multiple key mortgage rates trended upward today. The average rates on 30-year fixed and 15-year fixed mortgages both climbed. The average rate on 5/1 adjustable-rate mortgages, meanwhile, also......