All you need to know about Increased Mortgage Rates
According to 2022 mortgage rates forecasts, mortgage rates are likely to continue to rise going into the rest of this year. Mortgage rates jumped 1.5 percentage points during the first three months of the year, the biggest quarterly climb in 28 years The jump corresponded with a Read More
Importance of an accurate Title Search before property purchase
Buying a new home can be a nerve-wracking process as one has to go through endless negotiations and documentation to get their loan approved. It is essential to get the title verified by performing a title search prior to closing to identify any issues that may hinder the transfeRead More
Consumer prices record the highest surge since last three decades
The economy observed record-breaking inflation surge in more than 30 years, as the consumer prices rose 6.2% in October. The U.S. Bureau of Labor Statistics reported that the consumer pricing index for all Urban Consumers (CPI-U) jumped 0.9%. The rise in consumer prices affected Read More
Robust growth in Single-Family homes boost rental market
US Single-family homes, known to be the sub-sector of the rental market, have been growing rapidly. According to Statista Research Department, Single-family dwelling units closed at a record high of 208.4 million while multifamily units recorded only 37.8 million in October 2021.Read More
Biden addresses supply-chain issues ahead of holiday season
President Biden met with CEOs of major retailers and shipping companies to take preventive measures to combat the supply-chain crisis and speed up deliveries. The discussion with the chief executives of Walmart, United Parcel Service, FedEx, and Target Corp focused on laying effoRead More
US stocks rise as Congress passes $1 trillion historic infrastructure bill
The stock market has been soaring high after the House of Representatives passed the biggest infrastructure bill. The $1 trillion infrastructure package would provide funding for broadband, transportation, public transit, and utilities while unleashing $550 billion for infrastrucRead More
Highest decline recorded in Q3 GDP growth amid Delta variant outbreak
The economy observed stagnant growth in the third quarter due to labor shortage, supply-chain crunch, and Delta variant resurgence. On Thursday, the Commerce Department stated that the GDP grew at a 2.0 per cent annualized rate in September since experiencing an inflation of 6.7 Read More
Meet Orchestrate Mortgage and Title Solutions, LLC at ALTA ONE 2021!
Orchestrate Mortgage and Title Solutions, LLC is all set to participate in this year’s largest real estate title industry event, ALTA ONE. PLANO, TX, USA, October 11, 2021 /EINPresswire.com/ — Orchestrate Mortgage and Title Solutions, LLC, has announced its participation inRead More
Housing crisis to persist unless Congress takes charge
The United States has been facing a housing crisis lately due to the spike in rental fees and skyrocketing home prices. The economic inequality continues to widen as there has been a robust demand for subsidized properties while others hardly manage to pay their rent. Many househRead More
US Builder Confidence rises in Oct despite supply-chain crisis
The economy is steadily rebounding due to coronavirus vaccines’ rollout, but the effects of Covid-19 mitigation strategies have caused supply-chain disruptions. Delay in completion times, shipping gridlock, trucker shortage, labor inadequacy, etc., are having a tremendous iRead More