SEPTEMBER 2022 ISSUE

CHICAGO TITLE KICKING OFF THE BILLS SEASON IN STYLE!

GO BILLS!!

Important Update For Title Insurance Transactions!

NYS Rate Calculator

Title Insurance orders can sometimes get complicated! There's often a lot of research that goes into preparing your order for examination. Part of that process is the generation of an Order Acknowledgment package, which includes the Rate Estimate. Our office generates that rate through the NYS Rate Calculator, a website that is available to everyone. You can even access it through our website at www.northernny.ctic.com 

If a loan amount changes, or additional endorsements have to be added, our office can generate a new rate sheet for you.  

It is important to please have a corrected rate sheet at closing, in order to ensure all the premium checks are correct. And more importantly, please send in that rate sheet with your closing package to the Chicago Title office so our billing department can close the order more efficiently. 

If you have any questions or concerns, please contact Jeff Leichtnam at jeffrey.leichtnam@ctt.com or 716.200.5872.

TAKE ADVANTAGE OF OUR EXCLUSIVE DISCOUNT AND SAVINGS PROGRAM - JUST FOR YOU!!

EC Purchasing was created to leverage Fidelity National Financial's size and number of employees, to realize substantial savings on many of the products and services that we use most. This program is made available to all of FNF's 40,000+ employees and those in the legal, financial and insurance industries.

There's no subscription fee, and no obligation to it's members. If you are working with Chicago Title and not taking advantage of EC Purchasing, you are missing out! With rising inflation, uncertainty in the markets and high prices, why not check it out?

Planning a trip and need to rent a car? Would up to 50% off your hotel and/or car rental sound good?

How about getting up to 19% off your monthly cell phone invoice, just by connecting your existing account to EC Purchasing?

Does your office buy office supplies or have to ship documents often, and notice that the costs have suddenly gone up? Why not check out EC Purchasing and see if there is a potential savings? Some offices see up to 50% off.

Home theater systems, gifts, promotional items and much more! If you would like to get signed up, visit www.ecpurchasing.com or contact Jeff Leichtnam at jeffrey.leichtnam@ctt.com

WHY CHOOSE CHICAGO TITLE FOR ABSRACT AND SEARCH WORK?  

Customers trust Chicago Title with some of the most complex search projects in Western New York. That's because our experts have the knowledge and experience that no other title company can match. Whether it's a 100 acre industrial park or a large commercial property with railroad easements, these sometimes ugly projects can take several weeks or even months to complete.  

But did you know that our Search team can also update an old abstract in less than a week? That's right, I typed that correctly: less than a week on most abstract updates/continuations. Send us your order and once we receive the original abstract, we'll send it to one of our searchers for fast turnaround. We know that many deals have urgent deadlines or 'time of the essence' clauses.  Our team is ready to handle your Continuations.  

For more information on why to choose us, click the link below to see our Top 10 Reasons:

Top 10 Reasons to Choose Chicago Title for Search products

If you have any questions, please contact Jeff Leichtnam at jeffrey.leichtnam@ctt.com or 716.200.5872.

Mortgage Rates Rise to Nearly 6.3%, the Highest Level Since 2008

By Anna Bahney, CNN Business

September 22, 2022

Mortgage rates jumped higher for the fifth week in a row, further pushing past 6% in the face of yet another aggressive interest rate hike by the Federal Reserve.

The 30-year fixed-rate mortgage averaged 6.29% in the week ending September 22, up from 6.02% the week before, according to Freddie Mac. That is significantly higher than this time last year, when it was 2.88%, and it is the highest level seen since October 2008.

To continue reading, click here: https://www.cnn.com/2022/09/22/homes/mortgage-rates-september-22/index.html