March has arrived and spring is in the air here in Orange County. The Dana Point Festival of Whales, Orange County Restaurant Week, South Orange County Cars & Coffee in San Clemente and the Cherry Blossom festival are just a couple of our tops picks for events this month. To find out more of whatRead more
Are you up to speed on NEW Real Estate related laws in California for the year 2020? Numerous California laws take effect this year. Learn more about SB-18, SB-243, AB 206, AB 892, AB 212, AB 91, and AB 872 as well as information regarded VA Loan Limits and more. For the most current updatesRead more
Ticor Title Newport Beach has been voted a Top Orange County Workplace by the Orange County Register for 2019! Here’s a short message from Ticor OC County Manager, Rick Bashore: “I want to announce that our organization was honored last week at the 12th Annual OC Register Top Work Places 2019. This year, 140 localRead more
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