Currently browsing tag

leap

6 Steps to Get the Best Mortgage Rates This Spring

If you've got the itch to ditch your landlord and take the leap to homeownership, mortgage rates are still low by historical standards. Rents have been rising and rising,” says Lawrence Yun, chief economist at the National Association of Realtors. The NAR expects 30-year, fixed-rate mortgages to average 3.80 percent in the first quarter.

Mortgage and Valuation Fraud: Prevention Tips from the Appraisal Institute of Canada

OTTAWA, March 3, 2015 /CNW/ – March is Fraud Prevention Month and the Appraisal Institute of Canada (AIC) would like to remind Canadian consumers, lenders, mortgage brokers, lawyers, appraisers and anyone else relying on an appraisal, to be diligent about potential valuation fraud that may occur during the mortgage financing process. Valuation fraud is the misrepresentation of an appraisal …