US mortgage-trading boutique Braver Stern Securities on Wednesday said it is opening a Chicago-area office with the hire of an executive and four mortgage salesmen from Guggenheim Securities. Braver also hired a trader from Guggenheim in New York for an ongoing expansion, it said in a statement.

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Are mortgage rates about to hit an all-time low?

The lowest mortgage rates have ever been was around Thanksgiving 2012 when the interest rate for a 30-year fixed-rate mortgage fell to 3.31% (according to Freddie Mac data), but rising panic over the coronavirus could drive rates to lows never seen before. HW+ Premium Content

Feb 25, 2020 By
3d rendering of a row of luxury townhouses along a street

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