Chris Frankie

Chris Frankie

Refinances Hit 7-year High As Mortgage Rates Stay Down

Mortgage rates have edged higher but remain near historic lows, driving a surge in refinancing activity. So reports CNBC.

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Ex-Mortgage Employees Get Prison for Fraud

Two former employees of a California mortgage and real estate company have received federal prison sentences for a mortgage scam going back 15 years. So reports the local Vacaville Reporter.

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Why Today’s Housing Market May Be a Recession Buster: First American

In the third quarter of 2019, the United States reached its longest economic expansion in history, which caused some people to wonder whether we were overdue for a correction. Additionally, global uncertainty resulted in a flight to safety of U.S. Treasury bonds, prompting the dreaded inversion of the yield curve.

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