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.
Declining Loan Originations: Rising Prices & Limited Inventory Hurting Housing
After last year’s record-setting real estate year, 2022 is displaying declining loan originations and refinancing activity. Since the start of the coronavirus pandemic, the housing market has taken center stage while home demand has skyrocketed. As the dust settles, the numbers now point in the opposite direction. As demand wanes, prices surge, and mortgage, refinancing, and loan applications begin to decline.