Understanding Climate Risk: Why Mortgage Lenders Prioritize Its Impact Plymouth Title Guaranty Corporation

Understanding Climate Risk: Why Mortgage Lenders Prioritize Its Impact

Climate change is causing significant disruptions to natural disasters and weather patterns worldwide, prompting mortgage lenders to acknowledge the implications of emerging threats on the American real estate market. This article explores the reasons why mortgage lenders are closely examining climate risk and its effects on the industry. Defining Climate Risk in Mortgage Lending In […]

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 […]

chicago home prices appreciate despite housing inventory plymouth title guaranty corporation featured

Chicago Home Prices Appreciate Despite Limited Housing Inventory

With the United States continuing to witness record-setting inflation levels, Chicago home prices see massive appreciation. Of course, this market correction comes after a two-year period of record-low mortgage rates and a lackluster 2020 real estate year. Hot off the trail of 2021’s real estate market rebound, Chicagoland real estate affordability grows farther out of […]