With mortgage rates at historic lows — 4.75 percent from several lenders in mid-December — a new legal settlement from the Federal Trade Commission offers a cautionary note for consumers, especially if they are members of minority groups: Watch out. The rates and fees you’re quoted could violate federal law.


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With mortgage rates at historic lows — 4.75 percent from several lenders in mid-December — a new legal settlement from the Federal Trade Commission offers a cautionary note for consumers, especially if they are members of minority groups: Watch out. The rates and fees you’re quoted could violate federal law.


More: continued here
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