Language services among most valued by minority homebuyers

National Mortgage Professional

Jul 29, 2007

Magnolia Abstract opens for businessMortgagePress.comLong Island abstract companies Barbara Prignano, president of Melville, N.Y.-based Great Oak Abstract Corporation, has launched her own firm, Magnolia Abstract Services Inc. The new company is backed by several notable title insurance underwriters, including United General Title Insurance, Chicago Title Insurance Company and First American Title Insurance Company of New York. Magnolia Abstract Services Inc. is based in East Islip, N.Y. For more information, call (631) 617-5050.

Link copied

Published

Jul 29, 2007

Analysis and Data

Monthly Rental Costs Increase Putting Strain on Renters

Realtor.com reported Thursday that the median rent price hit $1,827 in April.

The relentless rise in the cost of rent continued in April with the 14th consecutive month of record setting prices. Realtor.com reported Thursday that the median rent price hit $1,827 in April, highlighting the affordability struggles reported by renters. “April data illu...

Industry News

Mortgage Industry Will Soon Be ARMed To The Teeth

ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.

According to a new report by Redfin, the typical homebuyer could save an estimated $15,582 over five years, or roughly $260 per month, by taking out an adjustable-rate mortgage. That’s the largest savings in dollar volume for adjustable-rate mortgage (ARM) holders since at l...