Source of Title News

Mortgage rates are projected to decline modestly, averaging around 6% in 2026. Yun emphasized that while rates are influenced by more than Federal Reserve decisions alone, broader economic factors are contributing to gradually lower borrowing costs. "As we go into next year, the mortgage rate will be a little bit better," said Yun. "It's not going to be a big decline, but it will be a modest decline that will improve affordability."

American Land Title Association Welcomes End of Government Shutdown
November 13 2025

“The American Land Title Association is pleased that Congress and the administration have reached an agreement to reopen the federal government,” said ALTA CEO Chris Morton. “Ending the shutdown alleviates the uncertainty that homebuyers, sellers and lenders have experienced for more than a month, allowing real estate transactions to move forward without further delay. An operational government is essential to a healthy housing market and the confidence of everyone involved in property transactions.”

Mortgage Applications Increase in Latest MBA Weekly Survey
November 12 2025

“Purchase applications picked up almost 6 percent over the week to the strongest pace since September, despite mortgage rates increasing slightly, with the 30-year fixed rate rising to 6.34 percent,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “Purchase applications for conventional, FHA, and VA loans increased, as potential homebuyers continue to shop around, particularly in markets where inventory has increased and sales price growth has slowed."

Former President of Allentown Title Company Sentenced to 54 Months in Prison for Defrauding Title Insurance Underwriter, Clients, and U.S. Government
November 12 2025

United States Attorney David Metcalf announced that Louis Belletieri, 44, of Allentown, Pennsylvania, was sentenced today to 54 months’ imprisonment, three years of supervised release, and to pay over $6 million in restitution by United States District Judge Jeffrey L. Schmehl, for the defendant’s scheme to defraud a title insurance underwriter and clients and his fraudulent application to the Small Business Administration to obtain Economic Injury Disaster Loans.

National Association of REALTORS® Appoints First-Ever Chief Data Officer to Advance Innovation and Member Value
November 07 2025

"Data is one of NAR's most important strategic assets – and the way we structure and use it will shape where our association goes next," said Nykia Wright, CEO of NAR. "David's vision, leadership, and track record of transformational technology work will help deepen our analytic capabilities, streamline operations, and drive innovation in ways that give our members a strategic advantage."

Stewart Strengthens Real Estate Services Portfolio by Announcing its Intent to Acquire Mortgage Contracting Services (MCS)
November 07 2025

“We are pleased to announce our intent to acquire MCS and look forward to being able to offer property preservation, which supports default servicing, as a new service for our lender and servicer customers,” said Fred Eppinger, Stewart CEO. “This acquisition confirms our dedication to bettering our lender services and allows us to introduce our products and services to a broader audience of customers."

NAHB and NARI Offer Guidance for Working with Remodelers
November 06 2025

“The sudden closures of remodeling firms around the country underscore the critical importance of integrity and accountability in our industry,” said NARI President Aaron Enfinger, CR. “NARI and NAHB remain united in our commitment to protecting consumers and upholding the highest ethical standards that safeguard home owners, vendors and the industry as a whole.”

Home Prices Increased in 77% of Metro Areas in Third Quarter of 2025
November 06 2025

Home prices rose in 77% of metro markets (176 out of 230) during the third quarter of 2025, according to the National Association of REALTORS®' latest quarterly report. This is up from 75% in the second quarter. Four percent of metro areas recorded double-digit price gains in the third quarter, down slightly from 5% in the second quarter of 2025.

First-Time Home Buyer Share Falls to Historic Low of 21%, Median Age Rises to 40
November 04 2025

"The historically low share of first-time buyers underscores the real-world consequences of a housing market starved for affordable inventory," said Jessica Lautz NAR deputy chief economist and vice president of research. "The share of first-time buyers in the market has contracted by 50% since 2007 – right before the Great Recession. The implications for the housing market are staggering. Today's first-time buyers are building less housing wealth and will likely have fewer moves over a lifetime as a result."

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