by Karen | May 10, 2023 | Mortgages
Wire fraud is a growing concern in the title industry. Hackers are using increasingly sophisticated techniques to trick title companies and their customers into sending wire transfers to fraudulent accounts. To address this issue, ALTA recently hosted a webinar titled...
by Karen | Apr 21, 2023 | Mortgages
After coming in at its tightest in over a decade, residential lending credit loosened up marginally in March, thanks to greater offerings of jumbo and conventional products, according to the Mortgage Bankers Association. The Mortgage Credit Availability Index, an MBA...
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....
