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Equity National Title is a company that's dedicated not only to awesome experiences and community involvement, but to education as well. We maintain this blog so that we can be a valuable resource to homeowners, lenders and realtors. 

 

Can consumers cut closing costs on a refinance?

By: Equity National   November 19, 2014   No Tags   Closing

Can consumers cut closing costs on a refinance?

The home buying process can obviously be an expensive one for consumers to get into, but often once they come out the other side, people are pleased that they took the step. However, when they go to a lender to refinance an existing mortgage, what they might have learned during the previous closing process could go a long way toward saving them a significant amount of money. One of the biggest things consumers might be able to apply in this re...

What should first-time buyers know about closing...

By: Equity National   November 18, 2014   No Tags   Closing

What should first-time buyers know about closing...

The home buying process can be an arduous one even for those who have been through it before, and thus the problems that people can run into when they go through it for the first time can be significant. For this reason, it's important that people who are making their first-ever steps toward purchasing a property should know exactly what's expected of them, and that includes knowing what they're going to have to do when it comes time to close the...

Why should consumers get title insurance?

By: Equity National   November 17, 2014   No Tags   Closing

Why should consumers get title insurance?

For many Americans, the home buying process can seem extremely complicated, often because there's a lot of work to do and it's something they're probably only going to have to do once or twice in their whole lives. For this reason, there's usually a lot of confusion about what kinds of things are and are not necessary for them to do, and that can often include understanding the importance of having title insurance in place. The fact of th...

How can consumers improve the closing process?

By: Equity National   November 13, 2014   No Tags   Closing

How can consumers improve the closing process?

The mortgage shopping and home buying processes can be trying for many consumers, but once they get those issues handled, they usually only have one hurdle left to clear before they own their homes. But closing can present its own difficulties at times, especially if consumers aren't fully prepared for the process, so the more that can be done to make sure these potential problems don't arise, the better off all parties involved are likely t...

Mortgage origination expected to grow in fourth ...

By: Equity National   November 11, 2014   No Tags   Closing

Mortgage origination expected to grow in fourth ...

This year hasn't really been a particularly strong one for mortgage originations, as numbers are more or less expected to be down from those seen in 2013. With that having been said, however, many experts are now attributing this condition largely to a dismal first quarter of the year, because business has been more robust from about April on through to today. The fact of the matter is that a lot of factors combined in the first quarter to dri...

Existing home sales expected to surge in 2015

By: Equity National   November 10, 2014   No Tags   Closing

Existing home sales expected to surge in 2015

The number of home sales overall took a large hit for several reasons in the early part of this year, most notably because rates had been rising sharply. Even a recent increase in interest among would-be buyers doesn't seem as though it will be enough to push existing home sales forward this year, but that trend is likely to reverse itself in 2015. The number of existing-home sales nationwide is going to slip somewhat on an annual ba...

Distressed properties take up smaller portion of...

By: Equity National   October 30, 2014   No Tags   Closing

Distressed properties take up smaller portion of...

For some time now, the percentage of the home sales market taken up by distressed properties such as foreclosures and short sales has been dwindling, thanks to the slowly improving housing market and declining foreclosure inventory nationwide. That trend certainly continued in the third quarter of this year. In all, the total number of homes sold in the U.S., whether distressed or undistressed, slid somewhat, to an annual rate of slightly more...

Applications take a hit as some affordability tu...

By: Equity National   October 30, 2014   No Tags   Closing

Applications take a hit as some affordability tu...

For the past few weeks, continual declines in mortgage rates have brought more consumers into the fold when it comes to seeking a home loan, mainly for refinances. However, when rates stop sliding, it seems consumer interest in this kind of financing drops, and that was reflected in the number of applications filed last week. In all, home loan requests fell 6.6 percent on a seasonally adjusted basis during the week ending Oct. 24, ac...

Home value growth reached peak in April

By: Equity National   October 24, 2014   No Tags   Closing

Home value growth reached peak in April

One of the biggest things that has consistently driven down affordability over the last several years is the fact that home values have been growing – often by leaps and bounds – fairly steadily during that time. However, it now seems as though this trend is no longer prevalent in the market overall. Overall home value growth climbed to 8.1 percent on an annual basis in April, but has been falling somewhat precipitously ever since, ac...

Mortgage applications surge on refinance push, f...

By: Equity National   October 23, 2014   No Tags   Closing

Mortgage applications surge on refinance push, f...

The total number of mortgage applications being filed nationwide has taken many hits in the 2014 calendar year, but that trend has been reversing itself more recently as rates have fallen pretty much across the board. And, as rates continue to fall, it seems as though it's drawing more current owners back into the mortgage market in particular. Altogether, the total number of home loan requests filed with lenders in the week ending Oct. 1...

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