Analysis of available law enforcement and industry data indicates the top states for known or suspected mortgage fraud activity during 2010 were California, Florida. fraud for profit. The first,
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Victor Burek, Benchmark Mortgage Today’s rate sheets are the best ever! But best rates remain ahead of us. My recommendation is to float all loans over the weekend as lenders have yet to pass along.
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Any way you account for the causes, the bottom line is that mortgage rates are lower. We’d probably say that 3.75% is the new Best-Execution for 30yr Fixed. but floating seems safe for now. Matt.
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