News & Press - Title Insurance Company NJ
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News & Press

As we close out 2025, we’re proud to reflect on a year of meaningful growth and continued momentum across the Town Family of Companies. This year, we expanded our footprint through strategic acquisitions in New Jersey, New York, and Florida and successfully closed 1,811 transactions totaling more than $2.7B in insured...

The Federal Reserve has lowered its benchmark rate by 25 basis points, bringing the target range down to 3.50%–3.75% — the third rate cut of 2025.  For buyers, lenders, and real-estate professionals, this reduction could influence borrowing costs and transaction activity in the months ahead. At Town Title Agency, we’re...

📉 The Federal Reserve lowered interest rates by 0.25% this week, marking the first step in what’s expected to be a series of cuts through 2025. Chair Jerome Powell emphasized that the Fed is focused on balancing inflation concerns with a softening labor market. Markets initially rallied on the news before...

As of July 1, 2025, Bill A5804 is now in effect, bringing significant changes to New Jersey’s Mansion Tax. 🔹 The seller will now be responsible for paying the Mansion Tax (instead of the buyer). 🔹 A new tiered rate system means a higher tax for higher-priced properties: •    1% for sales over $1M and up to $2M •    2%...