Falling Mortgage Rates: Impact on New Home Buyers Plymouth Title Guaranty Corporation Featured

Falling Mortgage Rates: Impact on New Home Buyers

Despite a seemingly endless upward trajectory, recent data finally points to falling mortgage rates. Mortgage rates, on a consistent rise over the past year, fell to 6.61%. Thus, mortgage rates decreased nearly half a percentage point since last week. Furthermore, 15-year mortgage rates dropped to 5.98%, nearly half a point drop but still way higher […]

Buyers’ Market in 2022: A Changing of the Tide? Plymouth title guaranty corporation

Buyers’ Market in 2022: A Changing of the Tide?

As inflation soars and loan applications plummet, real estate analysts are starting to see evidence of a buyers’ market in 2022. For the past several years, many real estate analysts considered the housing market to be a ‘seller’s market’. In the real estate world, home prices rose, interest rates fell, and demand reached one of […]