Stewart Unveils Reduced Title Rates

Stewart Title of California, San Diego, has announced the creation of the Stewart Title Absolute Rate, which represents a reduction in its base title insurance rates. "The S.T.A.R. is lower and simpler than the previous bundled and short-term rates and offers significant savings for refinance transactions that meet specific criteria," the company said. The new rate is available only when all title-related documents are conveyed electronically to all the parties. Stewart said it has also reduced its residential title insurance rate and its basic rate for commercial, agricultural, industrial, and other related properties. Stewart Title of California is a wholly owned subsidiary of Stewart Information Services Corp., which can be found online at http://www.stewart.com.