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ALTA Reports 2025 Market Share and Title Insurance Premium Volume
The American Land Title Association, the national trade association of the land title insurance industry, today announced that the title insurance industry generated $18.5 billion in title insurance premiums during 2025, according to ALTA’s latest Market Share Analysis. This represents a 13.8% increase compared to 2024.
Housing Affordability Edges Up in First Quarter but Challenges Persist
“While affordability for both new and existing homes saw modest improvement over the past year, home buyers continue to grapple with elevated mortgage rates and economic uncertainty while home builders are dealing with rising construction costs, excessive regulations and labor shortages,” said NAHB Chairman Bill Owens.
Single-Family Starts Fall Amid Economic Uncertainty and Affordability Pressures
“The decline in housing starts highlights growing pressure from tighter financial conditions and rising construction costs,” said Danushka Nanayakkara-Skillington, NAHB’s assistant vice president for forecasting and analysis. “Recent increases in the 10-year Treasury yield have driven mortgage rates higher, further reducing affordability and weakening demand for new homes."
New Metric Shows Housing Market Mismatch: More Homes Are for Sale, but Not at Prices Buyers Can Afford
“Housing supply is growing and affordability is improving. However, the U.S. housing market continues to face a structural mismatch between the homes available for sale and what buyers can afford,” said NAR Principal Economist and Director of Real Estate Research Nadia Evangelou. “Too much of the inventory available today remains concentrated at higher price points, leaving a shortage of options for entry-level and middle-income buyers. This is preventing home sales from reaching pre-pandemic levels.”
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Ongoing concerns around inflation from higher fuel costs, combined with rising concerns over global public debt, pushed Treasury yields higher in the U.S. and abroad last week. This resulted in higher mortgage rates across the board, with the 30-year fixed rate increasing to 6.56 percent, its highest level in seven weeks,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist.

NAR Pending Home Sales Report Shows 1.4% Increase in April
“Buyers are coming out with cautious optimism despite increasing economic uncertainty and a slight rise in mortgage rates,” said NAR Chief Economist Dr. Lawrence Yun. “Demand will easily be even higher once mortgage rates retreat to the levels they were at earlier this year.”
Builder Sentiment Posts Gain in May but Significant Affordability Challenges Persist
“The housing market remains soft as higher mortgage rates, rising gas prices and economic uncertainty related to the war in Iran continue to dampen buyer demand,” said NAHB Chairman Bill Owens, a home builder and remodeler from Worthington, Ohio. “However, efforts in the House to modify the 21st Century ROAD to Housing Act could increase the nation’s housing supply and help ease builder concerns.”
Mortgage Delinquencies Increase in the First Quarter of 2026
“Mortgage delinquencies increased on an annual basis, with conventional loan delinquencies relatively flat but with notable increases among FHA and VA loans,” said Marina Walsh, CMB, MBA’s Vice President of Industry Analysis. “Last quarter, the delinquency rate for FHA loans was about 900 basis points higher than the conventional delinquency rate, and the VA delinquency rate was almost 225 basis points higher than the conventional delinquency rate. These are the widest spreads since 2021.”
Mortgage Applications Increase in Latest MBA Weekly Survey
“Mortgage rates were generally higher last week, with the 30-year fixed rate at 6.46 percent, its highest level in five weeks,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “Purchase applications were higher over the week and 7 percent ahead of last year’s pace, with all loan types showing increases in purchase activity, as potential homebuyers shrugged off the current economic and mortgage rate uncertainties and returned to the market."
ALTA Good Deeds Foundation Presents $5,000 Grant to Friendship Place at ALTA Advocacy Summit
“This grant reflects the title insurance industry’s deep commitment to supporting charitable work in the communities where we live and work,” said Steve Day NTP, board chair of the ALTA Good Deeds Foundation and past president of ALTA. “As ALTA gathered in Washington this week, we wanted to support a local organization doing important work to help people achieve stable housing. Friendship Place’s mission speaks directly to that need, and we were proud to present this grant in support of its work.”
NAR Existing-Home Sales Report Shows 0.2% Increase in April
“Despite mixed macroeconomic signals—including a record-high stock market and historically low consumer confidence—home sales were modestly boosted by the continued improvement in housing affordability,” said NAR Chief Economist Dr. Lawrence Yun. “Mortgage rates are lower from a year ago, and average income growth is outpacing home price gains.”
Title Resources Group Welcomes New Regional Manager
Title Resources Group, one of the nation's leading title insurance underwriters, is pleased to welcome Jalila Dado as Regional Sales Manager for the Midwest. In this role, Jalila will lead business development efforts for TRG across Michigan, Minnesota and Wisconsin, supporting title agents through strategic growth initiatives, education and consultative partnership.
Mortgage Applications Decrease in Latest MBA Weekly Survey
“The ongoing conflict in the Middle East continues to push rates higher. Mortgage rates last week increased to their highest level in a month, with the 30-year fixed rate rising to 6.45 percent,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “As expected, elevated rates and shrinking refinance incentives continued to weigh on activity, with refinance applications declining again from the prior week – most notably for conventional and VA loans. The refinance share of applications was the lowest since August 2025.”
New Home Sales Rise, Supported by Limited Existing Inventory
“An uptick in new home sales reflects improving demand conditions, supported by a modest pullback in mortgage rates and ongoing supply constraints in the existing home market,” said NAHB Chairman Bill Owens, a home builder and remodeler from Worthington, Ohio. “Builders are gradually increasing production, but elevated construction costs and labor shortages continue to limit the pace of expansion.”
Home Prices Increased in 71% of Metro Areas in First Quarter of 2026
“Home prices continued to increase in many markets, boosting housing wealth for most homeowners,” said NAR Chief Economist Dr. Lawrence Yun. “Gains were particularly solid across metro areas in the Northeast, where inventory shortages persist, and in the Midwest, where home prices remain relatively affordable. However, the expensive West region did not see an increase in sales.”
NAHB Debuts New Resource That Estimates Quarterly Remodeling Spending by State
Based on a proprietary model developed by NAHB, the SPR on a quarterly basis provides a state-level estimation of the market share and total dollar value of remodeling spending. The SPR is a statistical model designed to use national quarterly improvement spending data and estimate remodeling market share by state using multiple indicators and NAHB’s annual state remodeling forecast.
Remodeling Sector Sees Solid Growth as NAHB Kicks Off National Home Remodeling Month
“Remodeling companies are less affected by the rise and fall of mortgage rates compared to home building companies, so the remodeling industry has continued to grow despite a series of Federal Reserve rate hikes that have driven up the cost of buying a new home and hindered new construction,” said NAHB Remodelers Chair Elliott Pike, a remodeler from Homewood, Ala.
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