Click Here for COVID-19 Info
Alamo Title Company

News


Prepared Remarks of MBA 2021 Chairman Susan Stewart at the Spring Conference & Expo 2021: Independent Mortgage Banks, Secondary Markets, Servicing and Technology Apr 20, 2021
..." This effort brings together groups from across the country, including NAREB, NAR, the Urban Institute, the NAACP, the National Urban League, and many others.   We've played a leading role......

Blowing Bubbles: What Is A Stock Market Bubble?
...By the mid-2000s, a bubble began to form in the U.S. housing market amid a very rapid acceleration in home prices. Speculators began to flip homes, in hopes of making a profit, and the average......

Private Club Communities Enjoy Covid-Era Comeback
...witnessed increased buying interest during the pandemic. In fact, Mayacama reported 2020 home sales soared more than 300% over 2019. The Cliffs, a collection of seven private golf clubs in the......

MANTL Raises $40M To Help 9,500 Banks Raise Deposits 10 Times Faster
...to attract depositors. “While the rest of the world pays 3.25% mortgage rates, we charge 5%. While Goldman Sachs GS ’ Marcus pays deposit rates of 0.6% we pay 0.65%,” he said. Quontic did......

How The Pandemic Has Changed The Toy Business And The Latest Trends In Toys
...took hold and parents realized they’d be spending more time at home, sales spiked. Toy sales in 2020 were up 16% and the big categories were games and puzzles, dolls and action figures and outdoor......

Mortgage rates on April 20, 2021: Rates slip
Today some major mortgage rates tailed off. Here's what that means for you if you're in the market for a mortgage. A few major mortgage rates sunk lower today. The average interest......

As mortgage rates rise, points become more popular
As mortgage rates have climbed from their historic lows, more borrowers are turning to a tried-and-true strategy to lock in super-low rates: They’re paying points . Mortgage points are fees......

What’s driving mortgage rates the week of April 19-26
...does not include information about every financial or credit product or service. Mortgage rates are notoriously difficult to predict, but they rise and fall based on a variety of economic......

Share of Mortgage Loans in Forbearance Decreases to 4.50 Percent Apr 19, 2021
...data on home construction and consumer spending in March show a strong housing market and a quickened pace of economic activity. Combined with the homeowner assistance and stimulus payments that......

How to shop for and compare mortgage offers
...your application around to find you the best rate.” How to compare mortgage rates When shopping around for a mortgage, it’s important to compare mortgage rates. Bankrate can help you shop for......

‘Feverish pitch’ of home sales further cripples housing supply
Homebuyer competition reached new extremes in March, as sales shot up and an already historically low supply of inventory was further reduced. Closed sales spiked 34.3% from February and 15% from......

Housing Starts Surge, But Is It Enough to Meet Demand?
...a pace of 501,000 units. “Demand remains solid due to low mortgage rates and a thin level of inventory in the resale market, which is spurring the need for additional supply,” says Robert......

Despite Moratorium, Foreclosure Activity on Steep Incline
...temporary foreclosure moratoriums are lifted. Will it spark a wave of new foreclosures and lead to a crisis? Already, foreclosure activity is on the rise, even though the moratoriums are still......

Study: 11M Borrowers Could Benefit From Refinancing
...April 19, 2021 The number of mortgage refinancing applications is dropping as mortgage rates have been rising in recent weeks. That may be scaring off some homeowners who could still greatly......

Most Common Obstacles to Closing on Time
...issues (11%), obtaining financing (10%), and home inspection/environmental issues (9%). Nevertheless, the housing market remains competitive. Respondents to the REALTORS® Confidence Index......

Q & A Corner: A Snapshot of Race and Home Buying in America
In February, NAR released the 2021 report, A Snapshot of Race and Home Buying in America . This report examines the homeownership trends among each racial group over the last 10 years. Since......

SCV Announces 2021 REACH Commercial Cohort
...play in the sustainability of vibrant communities," said SCV President and NAR CEO Bob Goldberg. "NAR has been on the frontlines on Capitol Hill and in every state capital this past year fighting......

Biden's first-time buyer plan shouldn't impact mortgage insurers: KBW
If the Biden Administration's latest first-time home buyer proposal were to come to fruition, major restrictions regarding eligibility for participation would limit its impact on private mortgage......

Should You Be Worried About Inflation?
...can. “Think about refinancing and locking in debts today,” said Lemoine. While mortgage rates have risen a bit in recent months, for instance, they’re still much lower than pre-pandemic levels......

First-Time Homebuyer Class: Why You Might Need It
...time since they’re often required to qualify for down-payment assistance, lower mortgage rates and other benefits. What Is a Homebuyer Education Course? If you’re thinking about buying a......

Today’s refinance rates slide | April 19, 2021
...see today’s average rates? Lenders nationwide respond to Bankrate’s weekday mortgage rates survey to bring you the most current rates available. Here you can see the latest national average rates......

Compare Today’s Mortgage & Refinance Rates, April 19, 2021 | Most rates fall
...does not include information about every financial or credit product or service. Mortgage rates were mostly lower compared to a week ago. Rates for 30-year fixed, 15-year fixed and jumbo......

Edina, Minn. targets 'teardowns' to preserve affordable houses
...them are one- or two-bedroom condos or townhouses. While the Twin Cities housing market has flourished during the recession, a growing swath of would-be buyers are missing out of the lowest......

Here are mortgage rates for April 19, 2021: Rates decreased
Today quite a few notable mortgage rates ticked downward. If you're shopping for a home loan, see how that could affect you. A variety of key mortgage rates trailed off today. The average......

Unprecedented housing boom puts pressure on buyers
...can cope with this red-hot mortgage market. How would you describe the housing market?  Smith: Fast and furious. It’s like nothing I’ve never seen before. We are at record, record low inventories......