Mortgage, benchmark interest rate
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Bessent, mortgage fraud
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The rate on a 30-year fixed refinance increased to 6.28% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.2%. On a 20-year mortgage refinance, the average rate is 5.
Fed rate cuts may be reshaping borrowing costs, but reverse mortgages follow different rules than other loans.
On Aug. 25, President Donald Trump moved to fire Federal Reserve Governor Lisa Cook following a claim by a top administration official that she may have engaged in so-called mortgage occupancy fraud by falsely labeling a secondary home as her primary residence to get better loan terms.
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DOJ struggles to build mortgage fraud case against Trump adversary Letitia James, sources tell CNN
Justice Department prosecutors in Virginia believe they have not gathered enough evidence to indict Letitia James, the New York Attorney General and long term adversary of President Donald Trump, for mortgage fraud,
Mortgage rates have dropped significantly, fueling interest in refinancing. Here's who should consider it now.
Wall Street appears to be warming to a long-shot move that could get the 30-year mortgage rate down to around 5% before the midterm elections next year. It's a long shot because it would require the T