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Q1 Title Insurance Premiums Totaled $4.5 Billion

Q1 Title Insurance Premiums Totaled $4.5 Billion

by Phil Hall | Jun 15, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The US title insurance industry generated $4.5 billion in premiums during the first quarter, up from $3.9 billion in the same period one year earlier, according to a data report from the American Land Title Association (ALTA). The title insurance industry paid nearly...
Mortgage Rates Are Back on the Rise

Mortgage Rates Are Back on the Rise

by Phil Hall | Jun 11, 2026 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates ticked up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.52% as of June 11, up from last week when it averaged 6.48%. A year ago at this time, it averaged 6.84%. The...
Foreclosure Filings Down Month-Over-Month But Continue Rising Year-Over-Year

Foreclosure Filings Down Month-Over-Month But Continue Rising Year-Over-Year

by Phil Hall | Jun 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 40,355 residential properties had foreclosure filings— default notices, scheduled auctions or bank repossessions — during May, down 5% from April but up 14% from May 2025. According to data from ATTOM, lenders initiated the foreclosure process on 27,304...
Buyers Paying More in Mortgage Interest Than Their Home Costs

Buyers Paying More in Mortgage Interest Than Their Home Costs

by Phil Hall | Jun 10, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

A buyer who purchases the median-priced home today with 20% down will pay $413,700 in interest over a 30-year mortgage at the current 6.53% rate, according to a data report from Best Interest Financial and Clever Real Estate. However, that sum is $10,500 more than the...
Mortgage Application Activity Up by Nearly 11%

Mortgage Application Activity Up by Nearly 11%

by Phil Hall | Jun 10, 2026 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage application activity took a robust upswing for the week ending June 5, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.8% on a seasonally adjusted...
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