Mortgage Lender 360 Blog

Rates on thirty-year mortgage loans remain close to their highs for 2007.

A flood of new economic data did not change the general views of financial markets about inflation.

Mortgage Company, Freddie Mac, reports that thirty year, fixed rate, home mortgage loans averaged 6.73% this week. That left the rate close to its high of 2007, 6.74% set the week of June 14.

The Mortgage... Read More

Mortgage loan fraud is raging throughout the USA. This creates a clear threat to home owners and local communities.

Across the USA, mortgage loan fraud is estimated to have cost businesses nearly fifty billion dollars and consumers some five billion over the past 5 years.

"Some people consider it (mortgage loan fraud) akin to cheating on their income tax. But when a borrower... Read More