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 […]

delta variant spurred startling mortgage rate plummet plymouth title guaranty corporation

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 […]

Market-Update-April-2021

April 2021 Market Updates

Recent reports have continued to show reasons for positivity related to the economy in job growth and inflation, but many investors continue to worry about the long-term effects leading into the rest of the year. Mortgage Rates Continue to Rise Mortgage rates have been on an upward path this year and stronger-than-expected economic data has […]