Delta Variant Spurred Startling Mortgage Rate Plummet

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 results, the average 30-year loan rate fell to a five-month record. Freddie Mac Shows How Delta Variant Spurred […]

October 2020 Market Updates

Economic activity continues to ramp up as the nation further eases COVID restrictions and prepares for the upcoming presidential election. Social unrest, the death of Supreme Court Justice Ruth Bader Ginsburg, and concerns over the Coronavirus pandemic continue to remain incredibly important. Job Gains Increase The labor market continues to see faster than normal growth […]

August 2020 Market Updates

After many states had moved towards phased reopenings of their respective economies, many are now preparing to hunker back down as COVID numbers rise and uncertainty continues to prevail. Nonetheless, July brought plenty of good news throughout the market. Overall, the United States economy appears to be recovering quicker than originally expected. Service Sector Excels […]

Your Real Estate During the COVID-19 Pandemic

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. Here is what you need to know about your real estate during the COVID-19 pandemic. Mortgage Relief Are you unable to […]

May 2020 Market Updates

The ongoing COVID-19 pandemic continues to dominate the headlines. Some states are finally starting to open back up, while others are committed to a few more weeks, at least, of the stay-at-home order. Investors and markets across the world wait in limbo for daily updates. The Labor Market Unemployment has finally dropped to pre-recession levels […]

COVID-19 Stimulus Package

The $2 trillion dollar stimulus package signed by President Trump is the first attempt by the government to slow the economic downturn caused by COVID-19. The stimulus, the largest in U.S. history, provides relief for individuals, families, and several businesses. Here’s what you need to know. Stimulus Package Basics Individuals and Families Individuals with gross […]

April 2020 Market Updates

The market has been anything but normal over the past few weeks as the U.S. economy has come to a standstill amid the COVID-19 outbreak. States and cities across the U.S. have issued stay-at-home orders. President Trump had initially hoped the economy would be reopened by mid-April, but his latest guidelines urge stay-at-home orders to […]

Why Title Insurance is an Essential Business

Late last week, Illinois Governor JB Pritzker authorized Executive Order 2020-10 in response to the COVID-19 pandemic. This effectively issued a stay-at-home order, outlined social distancing behavior, and declared essential businesses that would remain open. The order took effect Saturday March 21, 2020 at 5:00PM and lasts through April 7, 2020. Fortunately, title insurance companies […]