Mortgage Rates Rise to New 2018 High

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Mortgage rates are marching higher again, with the cost to borrow money to purchase a home hitting a new high for the year. According to Freddie Mac, for the week that ended April 19, the average rate for a 30-year fixed-rate mortgage increased five basis points to 4.47%, the highest level since …

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Mortgage Fraud Risk Rises for Sixth Straight Quarter

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The national mortgage application fraud risk index rose from 138 in the fourth quarter of 2017 to 144 in the first quarter of 2018, according to researchers at CoreLogic. In the first quarter of 2017, the index reading was 132. The fraud risk index has risen in the past six consecutive quarters. CoreLogic's …