Last month, the US Supreme Court pass a vote, which lifted the eviction moratorium. Previously, the Biden administration expanded the eviction moratorium.

The Delta variant spurred a startling mortgage rate plummet as of late. Mortgage rates declined as a result of the increasing economic uncertainties. Analysts attribute the uncertainty to the COVID-19 Delta variant and its mutations. As a result, the average 30-year loan rate fell to a five-month record.

An owner’s title insurance policy is critical for protecting you from all types of issues you might have with the title of your home. It is essential and should never be overlooked by homeowners who want to make sure they are fully protected from title issues that could arise. Here, we will go over some top reasons to never pass on title insurance.

Public record errors have a tremendous impact on property titles. Imagine this. You spend months searching for that perfect dream home. You gain preapproval and sign the contract. The closing process is going smoothly. All of the hard work was worth it, and it’s time to reap the fruits of your labor. Then, all of a sudden, you smash into a major wall.

The property title has public record errors. This wasn’t your fault. But what are the negative consequences?Usually, real estate industry professionals trust public records to be completely true and accurate. But mistakes do happen from time to time. Sometimes, those mistakes affect a homeowner’s title.

First-time home buyers search high and low for real estate closing advice. The real estate closing process generates unfathomable stress, especially for first-time home buyers. Prospective home Buyers await news regarding appraisals, property inspections, and title searches. With so many moving pieces, it is challenging to maintain constant vigilance over the process.

Plymouth Title Guaranty Corporation seeks to mitigate that. Some key pieces of advice (and information) help ease home buyers through their first foray in the world of property ownership.

To most people, the words ‘deed’ and ‘title’ are interchangeable. But there are actually major differences between the two that are important to understand before you start the process of a real estate transaction.

Real estate transactions can be exciting for all parties involved, but without proper research and protection, you can find yourself on the bad end of a title issue that could challenge your rights as a homeowner. Here are a few of the most common real estate title issues and what you can do to protect yourself or prevent them altogether.

What happens when a property owner cannot pay back their debts or fail to pay taxes? Property liens. Though many have heard of them, few know exactly how they work, how to get rid of them, and even how a smart investor can profit from them.

In major mortgage industry news to start the new year, one of the country’s largest mortgage companies has officially gone public on the New York Stock Exchange (NYSE) after a multibillion-dollar merger.

Most people understand the necessity behind purchasing title insurance, but few know that there are two distinct kinds of title insurance, and even fewer know the differences between them. Owner’s and Lender’s title insurance are similar in nature but cover two different sides of a real estate transaction.

Homeowners have tried figuring out the best time for home refinancing for an exceptionally long time. Even before COVID-19, many people needed clarification about the appropriate time to consider refinancing, particularly those who have never owned a home before or are unfamiliar with the refinancing process. The historically low mortgage rates that have come alongside the outbreak of the Coronavirus pandemic have left multitudes of homeowners itching to take advantage of low rates to refinance their homes. It is easy to understand why. Low interest rates make for low mortgage rates, which is excellent when refinancing. That makes sense, right?

Public record errors can leave a significant impact on your home’s title.Moving into a new home should be one of the most exciting moments in your life. You have worked hard for it, searched high and low for that dream house, and now, it is all yours!At least, it should be, but what happens when public record errors affect your home’s title? Your house might be a new acquisition for you, but unless it is also newly built, there is a history to be uncovered.

Imagine spending hour after hour searching for your dream home and finally finding it. But, as you start to complete all the paperwork and get ready to close an urgent email appears in your inbox. The email appears to be from your agent or attorney or from someone representing the seller urgently requesting for the down payment and other closing costs to be wired today.

In response to the COVID-19 pandemic, the Fed lowered the historically low prime interest rate to 0%. Interest rates for 30-year mortgages are currently at historic lows, around 3% for the past few months since the virus outbreak.

These are certainly uncertain times for much of the U.S. economy, but one industry that is still open is real estate. Especially given the current interest rate, many lenders are overwhelmed with mortgage applications.

Late last week, Illinois Governor JB Pritzker issued Executive Order 2020-10 in response to the COVID-19 pandemic. This order implemented a stay-at-home mandate, emphasized social distancing, and identified essential businesses permitted to remain operational. The order took effect on Saturday, March 21, 2020, at 5:00 PM and is set to continue through April 7, 2020.

When buying a home, title insurance serves as a safeguard against ownership disputes caused by title defects. While most financial lenders require buyers to purchase title insurance, you might wonder if it’s necessary when buying with cash.

The home-buying process should be exciting and joyful, but concerns about the legal status of your property’s title can quickly dampen the experience. Ensuring you have a clean and undisputed claim to your property is essential—and that’s where Illinois title agents come in.