News & Events

Opinion: why HELOC demand will surge

Between February 2020 and January 2022, we witnessed something in the mortgage industry that we thought we’d never see — 30-year fixed-rate mortgages under 3.5%. These rates drew a record number of people refinancing their homes, with cash out refinances reaching $1.2 trillion in 2021. Then, i...

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The last time houses were this unaffordable was 2006

Black Knight: Markets in a third of the country are now the least affordable they’ve ever been Surging interest rates and home price appreciation made March one of the most challenging months for prospective homebuyers looking to make purchases, according to a recent report. Annual home price gain...

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Refinance volume has “dried up,” Old Republic says

Old Republic’s Craig Smiddy addresses the elephant in the room While other “big four” title insurers discussed the “transitional period” in the housing market during their first quarter 2022 earnings calls with investors, Old Republic International Corp.’s president and CEO, Craig S...

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