To see how our industry is continuing to protect and serve our clients and communities through the COVID-19 pandemic and beyond, watch this video

Title Industry Responds to COVID-19: Our Title Is Protection

Title insurance professionals take pride in protecting their customers by ensuring that their home is theirs when they make one of the biggest financial decisions of their lives. In the midst of the COVID-19 pandemic, the title insurance industry has stepped up even more to help their communities. Whether it’s volunteerism, or innovation to get deals closed during this time of social distancing, the title industry is here to provide protection today, tomorrow, and forever.


Assurance Fall/Winter 2022-23

By Frank Pellegrini

As 2022 moved along, the residential market seemingly began to tilt toward buyers after a sustained period in which inventory was lower than demand. Rising interest rates, however, have put all in doubt.

Consider this quote from Doug Duncan, Fannie Mae’s chief economist. “…the rise in rates is having the Fed’s desired effect on housing, as house price growth began to slow in June. We expect the slowdown in housing to continue through 2023 as affordability constraints mount for potential homebuyers, and considering, too, that refinance activity has been significantly curtailed by the rise in mortgage rates.”

Overall, real estate economists are not bullish. My hope is that if the Fed’s actions can curtail inflation by 2022’s end or early in 2023,  then perhaps the rate hikes will stop and mortgage rates will decrease. If that does not happen, 2023 may indeed be a tough year for our industry.


Read more in our current issue of ASSURANCE Fall Winter 2022 2023