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Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

July 31: Closing, LO jobs; verification, CRA tracking, state-level tax and MGIC webinars, Non-Agency product developments

I am no numerologist, but Freddie Mac’s announcement yesterday, that 30-year mortgage rates are averaging 6.66, caught my attention. Unlike rumors, like the one going around about a Texas IMB buying California IMB, hard, provable numbers are hard to argue with… Like the hundreds of thousands of people every month turning 62. Setting up a…

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