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Mortgage Rates 06-28-17

By Lisa Robison Updated on 6/28/2017

Another day, another piece of practical news. New York Community Bancorp, Inc. announced the sale of its mortgage banking business and residential assets covered under the FDIC Loss Share Agreement to Freedom Financial. "Freedom will acquire both our origination and servicing platforms, as well as our mortgage servicing rights portfolio with a current aggregate unpaid principal balance of approximately $21.0 billion. It is anticipated that Freedom will keep certain employees from the Company's Cleveland, Ohio mortgage banking business and plans to sustain operations in the area.


Bookmark this page for mortgage rates:

• 30 year (FRM) rates at 4.00% (+0.03%).
• 15 year (FRM) rates at 3.27% (+0.02%).
• FHA 30 year Fixed rates at 3.65% (+0.00%).
• Jumbo 30 year Fixed rates at 4.25% (+0.01%).
• 5/1 ARM rates at 3.09% (+0.03%).

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About The Author:
Lisa Robison
My name is Lisa Robison. I am an Associate Editor on Lender411com and lenderhomepagecom. I'd be happy to answer any question you have about our products and services.

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