Platinum Settlement & Escrow, Inc.

02/02/2023

Most people do not understand how mortgage rates dropped as the Fed raised rates yesterday. This article will help you better understand how this works.

For some, this will be old hat.  For others, there's a mystifying dynamic that demands explanation.  The confusion stems from years of being conditioned to believe that when the Fed "hikes" or "cuts" rates that mortgage rates move accordingly.  That...

01/17/2023

Pittsburgh selected as one of Zillow's hottest markets for 2023. Does Zillow have it right?

Cleveland, Pittsburgh, Dallas and Nashville join Charlotte in the top five of the Zillow 2023 hottest housing markets list.

01/05/2023

If you’re currently looking for a home in this market, or planning to buy in 2023, there are new rules to the road. Some say things are headed back to their pre-2019 norm, but others say that iBuyers and cash companies have changed the residential real estate market forever. Real estate experts from around the country offer insight on how the market has changed and how buyers should get ahead of any sudden challenges to come.

The forecast can look pretty bleak, but understanding the market can help you determine how to move forward.

12/31/2022

11/30/2022

What are your thoughts?

Homebuyers who were fortunate enough to purchase in 2021 and earlier this year were able to lock in incredibly low mortgage rates. However, given the sharp rise in rates since then, individuals who currently have lower rates may be feeling the "lock-in effect," which some experts characterize as hom...

10/26/2022

Congratulations to Chris and Caitlyn for becoming new homeowners. Thank you for using Platinum Settlement & Escrow, Inc.

10/25/2022

Fannie Mae announced it would be accepting written attorney opinion letters (AOLs) in lieu of a title insurance policy. Title insurance protects the policyholder for as long as they or their heirs own the property. Removing this protection destabilizes the housing market for sellers, buyers, and investors.

National Association of Home Builders CEO Jerry Howard admitted the housing market is in a recession. See why investors would do well avoiding Fannie Mae.

08/12/2022

Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means sign...