A federal judge has handed down a three-year prison sentence to a California man accused of mortgage fraud. So reports the Times-Herald.

Bill Bodnar of the Mortgage Market Guide (MMG) points a reaccelerating housing market, the strong labor market and interest rates remaining low as the three reasons.

Q: Dave, I see more prospects asking about adjustable rates in the past several months. Should I be focusing on selling more adjustables? --Sally from Kansas