RESIDENTIAL & COMMERCIAL SERVICES | Santa Clara & San Benito Counties

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Wire Fraud Alert

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CAUTION: IMPORTANT WIRE FRAUD ALERT FOR HOME BUYERS

Realtors®, Real Estate Brokers, Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email.

A hacker will break into a licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an email to the buyer, posing either as the escrow agent or as the licensee. The fraudulent email will contain new wiring instructions or routing information, and will request that the Buyer send funds accordingly.

>> Learn how to be WireSafe



Local Real Estate Trends

Discover What's New and Interesting in Our Backyard
Local CRE Trends

Santa Clara County California is home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title Santa Clara serves the residential and commercial real estate industry. Our offices are strategically located throughout Santa Clara County, and includes teams that live and work in the area.
 
Our team of professionals works in all facets of the real estate industry, providing best-in-class real estate services to buyers and sellers in the area, as well as the real estate professionals, lenders, builders and attorneys that work alongside them. In addition to our commitment to the residents of Santa Clara County, we provide commercial services to investors who help keep our economy strong.
 
Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the Newsdesk.
 


The Latest Articles From the Newsdesk:

Instant Reaction: Mortgage Rates, December 8, 2022
Mortgage rates continue to move down. According to Freddie Mac, the rate on a 30-year fixed mortgage dropped to 6.33% from 6.59% the previous week. Housing affordability rose about...

What's happening with the housing market? Mortgage rates, home prices and affordability
...reluctant to take the plunge on financing a home purchase even as mortgage rates fell for the fourth straight week. Mortgage applications decreased 2% the week ending Dec. 2 compared to the...

What's the Difference Between a Bank and a Credit Union? - CNET
...such as check cashing, bill payment, transferring money and accessing cash. The FDIC insures member bank accounts up to $250,000 per account. What is a credit union? A credit union is a nonprofit...

Mortgage rates continue to slide as economic worries remain
Mortgage rates continued their slide this week as continued concerns over the economy have pushed yields on the 10-year Treasury down even further. The Freddie Mac Primary Mortgage Market Survey...

The average rent in Manhattan jumped to $5,249 in November — and may not fall any time soon
...2.1% from October. Affordability continues to be a challenge across the housing market, with spiking mortgage rates pushing homeownership out of reach for many people who are continuing to rent...

Mortgage credit loosens for first time in nine months
...programs being offered." ARM offerings typically attract more borrower attention when mortgage rates rise. The MBA defines conforming loans at those at or below $647,200; since September, in...

Mortgage rates fall for the fourth week in a row
CNN  —  Mortgage rates dipped again this week, marking the fourth straight week of falling rates. The 30-year fixed-rate mortgage averaged 6.33% in the week ending December 8, down from 6...

Is The Housing Market Slowing Down: Redfin 2023 Predictions
...EST|Press play to listen to this article! Got it! Key takeaways As mortgage rates rise and inflation remains stubborn, there are signs that the housing market is slowing down Real estate brokerage...

Mortgage Credit Availability Increased in November
...a challenging environment brought on by higher rates and a much slower housing market,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “Jumbo credit availability saw a 4 percent...

Mortgage Rates on Dec. 8, 2022: Rates Slip
Today some major mortgage rates decreased, though rates remain high compared to earlier this year. See how the Fed's interest rate hikes could affect your mortgage payments. Written by A few...