Industry News
Industry news plays a vital role in understanding the latest trends in housing, title insurance, and escrow services. From monthly housing market updates to practical tips and best practices, staying informed can help navigate the complexities of real estate with confidence. Plymouth Title Guaranty Corporation shares insights and updates designed to keep professionals and homebuyers prepared for every step of the process.
Jackson Hole Economic Symposium Addresses Ongoing Inflation Woes
As mortgage rates continued to rise in August 2022, the Jackson Hole Economic Symposium took place. For the unacquainted, the Federal Reserve hosts this annual three-day conference, discussing the country’s economic challenges and overall direction.Unfortunately, this latest event came as the United States real estate market heads for a downturn. In the face of rising mortgage rates, limited housing inventory, and sluggish new construction, housing challenges persist.
Fed Testimony Reveals Latest Steps in Bringing Down Inflation
With the recent Fed testimony, Federal Reserve Chairman Jerome Powell assured lawmakers about their plans to bring down inflation. Not only does Fed Chair Jerome Powell seek to avoid a recession, he believes the Federal Reserve has the tools to do so.