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Investors Title Co. Message Board

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  • jt_kirk20 jt_kirk20 Dec 10, 2001 10:47 AM Flag

    Refi boom

    when a refinance is done does the title insurance cost less than when buying a home?
    I don't really understand how it works.
    also this place is spam city, I think 5 out 6
    mess I read were all spam.....I have bought
    some REITS that do morgage refis because I agree with you most refis done in a long time
    this quarter, I have even refinanced at a lower
    rate with no pts even though I put 3pts down
    4ys ago...the 2 reits I have are NLY and AXM,
    look at them and tell me what you think. later

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    • I don't know the details on how title insurance works in refi's. I am strictly going on the basis that in the past when there was great activity in refi's the title companies made a lot of money. I also happen to think refi's will go on for a longer period of time than the market does. Rising interest rates don't concern me for six months or a year.

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