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August 10, 2023
Mark Paul Cervantes
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Comments Off on Mortgage payoff fraud rises 532% quarter-over-quarter: CertifID
With home sale transactions down, fraudsters are turning to mortgage payoff fraud to secure bigger payouts. Mortgage payoff fraud occurs when a title company mistakenly sends a mortgage payoff to a fraudulent bank account after […]
5 things to consider if you’re choosing between a 15-year and a 30-year mortgage
September 12, 2022
Mariel Alumit
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Source: CNBC — One of the most important parts of taking on a mortgage to buy a house is making sure the terms of the loan best suit your financial needs. Not only does this involve securing […]
The 7% mortgage is back with a vengeance
March 2, 2023
Mark Paul Cervantes
Housing Wire, Mortage News
Comments Off on The 7% mortgage is back with a vengeance
Mortgage rates are surging again due to sustained economic growth and continued inflation, eclipsing 7% on Thursday. And it could be a while before they tick back down, economists say. The 30-year fixed-rate mortgage on […]