Role: Marketing Director | Date: 2019
Elite Land Transfer to join Foundation Abstract, LLC, in Horsham, PA
Two Pennsylvania real estate title insurance companies announce major changes within their organizations for the beginning of 2019.
Horsham, PA: Foundation Abstract, LLC, is pleased to announce that Elite Land Transfer will officially be joining their team. Elite Land Transfer has serviced clients on both residential and commercial transactions across seven states since its formation in 2000.
Frank Phifer, CEO/President of Elite Land Transfer states, “after meeting the owners and learning about the services that Foundation offers, I recognized that this would be a good fit. I am optimistic about the marketing tools and the support of various underwriters to mention a few. I am very confident that this merger will be beneficial to our client base”.
Foundation Abstract, LLC, employees have been servicing clients with the combined experience of more than 30 years in the title insurance industry. The manager, Nadine Esposito, began her career in title insurance in the 1980’s. Her depth of industry knowledge and commitment to excellence has earned her a reputation for high standards and industry-leading customer service.
Chris Gimello, Director of Sales for Foundation Title LLC states, “we are enthusiastic about bringing these two companies together and for what this will bring for the future of our business in Pennsylvania. We are extremely excited to have Frank and Melanie of Elite Land Transfer join our team”.
Blog Post
Role: Marketing Director | Date: 2020
Mortgage Application Rates Continue to Increase
With mortgage rates still at an all time low, applications are continuing to rise
Mortgage applications have been steadily increasing the last few weeks and we are finally seeing the increase in home sales from these applications. A report from the National Association of Realtors shows that existing-home sales jumped to a record pace in June, a 21% increase from May. And for the ninth consecutive week, mortgage applications have grown, signaling that the rise in sales will likely continue.
Mortgage applications for home purchases rose 2% over the previous week and are 19% higher than a year ago, the Mortgage Bankers Association reported on Wednesday. The record low mortgage rates that we are seeing may be encouraging potential buyers to start searching for their new home as borrowers with stellar credit are receiving rates below 3%, lenders say.
Home buying is only part of why we are seeing such demand in mortgage applications. Homeowners are also looking to refinance their old mortgages with a new and lower rate. Refinance applications increased 5% last week and are up 122% over the same week a year ago, the MBA reports.
“The housing market is hot,” Lawrence Yun, NAR’s chief economist, said in a recent statement. “Home buyers have swiftly moved into the market to take advantage of the unimaginably low mortgage rates.”
Blog Post
Role: Public Relations Intern | Date: 2017
The Hidden Dangers of Masked Hypertension
High blood pressure affects millions of people, but is it possible to have hypertension without even knowing it? According to a new study, this is the case for one in eight Americans.
The condition, known as masked hypertension, occurs when a patient’s blood pressure is normal when measured in a doctor’s office or clinic but high outside of the office. This undiagnosed condition puts the patient at an increased risk for heart disease because patients are unaware that they even have hypertension.
The study, published in the American Journal of Epidemiology, measured the blood pressure of patients who were monitored for 24 hours a day and found 14 percent of participants to have masked hypertension. This is unlike “white-coat hypertension,” which does not put patients at higher risk for heart disease. That’s when patients have higher blood pressure measurements when they are in the doctor’s office but normal rates outside of the office.
Yinka Afolabi-Brown, MD, of the division of Cardiovascular Disease at Einstein Medical Center in Philadelphia, says there are certain groups that are at a higher risk of the hidden condition, including men, patients 45 years or older, or those with diabetes. Dr. Afolabi-Brown says the condition is very difficult to diagnose. “We certainly need to have a higher index of suspicion when a patient offers this history of having high blood pressures at home even if it is normal in the office,” he adds.
In terms of what patients can do, Dr. Afolabi-Brown recommends taking advantage of blood pressure machines that are freely available in pharmacies and other locations on a regular basis and then informing their doctor if they have concerns.
CHESNA MCDONALD 