Wells Fargo Shares Fall Amid Revenue Drop

Wells Fargo, which is one of the largest U.S. banks, reported a huge drop in revenue in the second quarter of 2014. (picture from the Wells Fargo in Nashville, TN) More »

Mortgage Rates Could Hurt Summer Sales

It is well known that the Summer months are the best months for home sales and for families to nail down a new home purchase. The main reason for this being the best season is that most families want to purchase a new home while their children are out of school and before the schools start in August and September. More »

Thursday’s Rates For Mortgages July 24rd : Citi

Citi offers home mortgages. Their rates as of Wednesday July 23rd, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 4.250%. The points are 0.125 and it carries a 4.344% APR. More »

Weak Spring Season for Mortgage Loans

Fewer people apply for and take out mortgages in the spring of 2014 compared to previous years. Instead of heating up as expected during the traditional house buying season, the market for home loans is experiencing ever greater slowdown. More »

Higher Rental Rates Affecting Adversely the Housing Market

The spring house buying season 2014 has already started, but the activity is much slower than expected. The rising house prices and the tight inventory play a significant role in this. More »

 

Home Prices On The Rise But Not Back Yet

Home values are back on the rise. They are trying to fully recover from the market crash a few years back. The home prices and values are not all the way back to that level, but are getting closer. This

Thursday’s Rates For Mortgages July 24rd : Citi

Citi offers home mortgages. Their rates as of Wednesday July 23rd, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 4.250%. The points are 0.125 and it carries a 4.344% APR.

Wednesday’s Rates For Mortgages July 23rd : Chase Bank

Chase offers home mortgages. Their rates as of Wednesday July 23rd, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 4.125%. The points are 1 and it carries a 4.209% APR.

Wednesday’s Rates For Mortgages July 23rd : Bank Of America

Bank Of America offers home mortgages. Their rates as of Wednesday July 23rd, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 4.125%. Discount points 0.431 and it carries a 4.247%

Wednesday’s Rates For Mortgages July 23rd : Wells Fargo

Wells Fargo offers home mortgages. Their rates as of Wednesday July 23rd, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 4.25%. The origination fee is 1% and it carries a

Wednesday’s Rates For Mortgages July 23rd : Suntrust Bank

Suntrust Bank offers home mortgages. Their rates as of Wednesday July 23rd, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 4.1%. Discount points 0.181. The origination fee is 1% and

Monday’s Rates For New Mortgages July 21st 2014 : Suntrust Bank

Suntrust bank offers home mortgages. Their rates as of today July 21st 2014 are the following for each specified loan. Their regular 30-year fixed rate mortgage is starting at 4.37% and carry a 4.48% APR. The shorter home mortgage 15-year

Sunday’s Rates For New Mortgages July 20th 2014 : Quicken Loans

Quicken Loans now have 4.125% on 30-year fixed rate mortgages that carry a 4.367 APR. They are reporting that is a near record low. The 15-year fixed home mortgage rates are now at 3.75% and carry a 3.819 APR. The

Mortgage Rates Could Hurt Summer Sales

It is well known that the Summer months are the best months for home sales and for families to nail down a new home purchase. The main reason for this being the best season is that most families want to

Mortgage Rates Show Slight Bump Up This Week

The mortgage rates were up a little last week. The major cause is thought to be the jobs report that came out. The report was better than anticipated. Even with the increase, the mortgage rates are still lower now than