Accredited absorbs Aames wholesale platform

Jul 09, 2006

DeepGreen introduces 30-year home equity loanMortgagePress.com30-year home equity loan, DeepGreen Financial DeepGreen Financial has begun to offer a 30-year, fixed-rate home equity loan directly to consumers, via its Web site. Currently, the new loan is available to qualified borrowers at rates beginning at 7.375 percent APR and for amounts up to $250,000. The loan also features no lender or annual fees or closing costs. Payments are amortized and repaid over the full 30-year term of the loan. DeepGreen Financial is an online home equity lender based in Highland Hills, Ohio. For more information, call (888) 576-9238 or visit www.deepgreenfinancial.com.

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Jul 09, 2006

People On The Move

Christensen, Andrus Added At CE Class Leader

Maximum Acceleration hires mortgage exec. as education director, adds banking manager

Brandon Christensen, a longtime mortgage broker and trainer, has been named Director of Education and National Instructor for Maximum Acceleration LLC, a leading NMLS-approved course provider for mortgage pre-license and continuing education. "Having Brandon join our amaz...

Analysis and Data

Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. “The 30-year fixed-rate mortgage surpassed 7% for the first time this year, jumping from...