Freddie Mac has released the results of its Primary Mortgage Market Survey* (PMMS*), showing that the 30-year fixed-rate mortgage (FRM) rate averaged 3.55%, the lowest it has been since November 2016. Sam Khater, Freddie Mac’s chief economist, says, “The drop in mortgage rates continues to stimulate the real estate market and the economy. Home purchaseRead more
During the last week of May, the 30-year fixed-rate mortgage dipped below 4.0% and has remained there amid concerns over trade disputes, a possible economic slowdown, and market anticipation of a Federal Reserve interest rate cut. This decline in mortgage rates has caused a spike in purchase and refinance mortgage applications. Moreover, we expect thatRead more
The Financial Crimes Enforcement Network (FinCEN) announced that it will continue revised Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies used in all-cash purchases of residential real estate until November 11, 2019. The purchase amount threshold, which previously varied by city, is now set atRead more
The U.S. housing finance system changed significantly this week as the Uniform Mortgage-Backed Security (UMBS) went live, merging Freddie Mac and Fannie Mae To-Be-Announced (TBA) markets into one TBA market. While not a change you’ll see on your local news, the UMBS will have real, positive impacts on homebuyers, taxpayers, and investors from around theRead more
Summer is just around the corner and Ticor Title’s June Calendar of Events is now available! Check out our calendar for local events taking place in your Orange County neighborhood this month! If you have questions on any of the events mentioned, give us a call! If you’d like a copy of the calendar, contactRead more
Mark was able to become an instant producer for Ticor in his first year. Mark converted his customers to Ticor and had a rock solid 2018. Mark will be a consistent force for Ticor for many years to come and is a leader and innovator in our industry. Mark is a veteran in the titleRead more
This spring homebuying season will certainly have a new ring to it. In fact, this year will be the first homebuying season in more than a decade where those buying a home, rather than those refinancing a home, will dominate the market. With declining refinance activity, a limited supply of single-family home inventory in manyRead more
Be the first to know in your farming area! Don’t let your competition take your edge. Know all important statistical data and changes in your farm BEFORE your competition. Ticor Tech Farm gives you analytics that allow a quick 360 degree view of your farm giving you the ability to make insightful, informed and effectiveRead more
Ticor Title presents our 2019 TRID Calendar – Know before you close! Download the full PDF version of our 2-page TRID Calendar for 2019 below. If you’d like to receive a copy for your desk, please contact your Ticor Title Sales Executive. *Disclaimer: This tool provides general information to real estate professionals and others inRead more
This table lists the basic documentation that may be required for each type of entity. It is advisable to always look to the requirements shown on the Commitment/Preliminary Report or to contact the title officer. Contact Mark Russell at Ticor Title directly to learn more at 949.395.8395