Because mortgage rates are determined by the bond market, a boring market day typically translates to a boring mortgage rate day. But that’s not entirely true today. While the level of movement is indeed very small, it only took a small movement to get the average 30yr fixed rate down to their lowest levels since […]
Mortgage Rates Match 2-Month Lows Read More »
Houses stand in this aerial photograph taken near Mountain View, California, U.S., on Wednesday, Oct. 23, 2019. Facebook Inc. is following other tech titans like Microsoft Corp. and Google, pledging to use its deep pockets to ease the affordable housing shortage in West Coast cities. The social media giant said that it would commit $1
Housing market favoring buyers, but prices still tick up Read More »
A mortgage loan originator has settled a coordination action brought by 21 states which permanently bars him from working in the industry in 19 of those. Processing Content Patrick Terrance Donlon, worked for Trusted American Mortgage, disputed the findings but settled the “regulatory concerns without the time, expense, and uncertainty of contesting the findings in
MLO fined, barred in 21 states for alleged education fraud Read More »