by Karen | Jan 20, 2023 | Mortgages
The numbers: A dip in mortgage rates prompted mortgage demand to rise a seasonally adjusted 27.9% As mortgage rates dropped across the board, demand for both purchases and refinancing increased. That pushed the market composite index up, a measure of mortgage...
by Karen | Oct 31, 2022 | Mortgages
The housing market continues to change as higher mortgage rates, rising inflation and economic uncertainty have sidelined many buyers. Meanwhile, according to this month’s Knock Buyer-Seller Market Index, sellers have the upper hand remaining in most markets...
by Karen | Oct 3, 2022 | Mortgages
Mortgage rates are projected to decline next year — but that doesn’t mean prospective homebuyers should necessarily delay a purchase for the prospect of lower financing costs. The rate on a 30-year fixed mortgage will fall to an average 4.5% in 2023, according to a...
by Karen | Sep 11, 2022 | Mortgages
A 1031 exchange is a type of real estate purchase allowed under Section 1031 of the US Internal Revenue Code. It allows you to defer capital gains taxes when selling a property, as long as the proceeds are used toward a similar investment within a certain time frame....
by Karen | Jul 28, 2022 | Mortgages
Americans who have never owned a home believe 20% down payments are required. KEY TAKEAWAYS 80% of prospective first-time homebuyers are stressed about affording a down payment. More than a third of Americans and 41% of those who’ve never owned a home believe they...
by Karen | Jun 22, 2022 | Mortgages
Title insurance plays an essential role in the economics of homeownership As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to...
