Last week ended with mortgage rates dropping to their best levels since September 17th. Over the weekend, the underlying bond market maintained the gains seen on Friday afternoon, thus allowing most lenders to set rates at least as low as they were at that time. The average lender is actually just slightly lower today, thus […]
Mortgage Rates Maintain Last Week’s Gains Read More »
Amidst a credit score war, Experian has thrown the latest punch. The data and technology company will now offer VantageScore 4.0, a credit scoring model, for free to its mortgage clients in the United States. “Experian is dedicated to fostering a more competitive mortgage landscape, creating a safer and sounder market, and expanding access to
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Bottom line: Wells Fargo’s third quarter profit jumped 9%, eclipsing analysts’ expectations by a wide margin. Expert quote: “Wages have kept up with inflation for many folks, and we continue to see unemployment be quite low historically,” Chief Financial Officer Mike Santomassimo said. Forward look: Wells Fargo increased its target for return on tangible common
Wells Fargo’s earnings aided by consumers, capital markets Read More »