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Us 30-year fixed mortgage rate could break 6%
The US housing market has rapidly stalled as mortgage rates surged but there's a sliver of help on t...
January 13, 2023, 3:33 pm
Jpmorgan braces for recession as credit loss provisions jump 49%
For America's biggest bank, the recession's the base case, and credit losses loom. J.P. Morgan reported fourth-quarter results Friday (Jan. 13) that s...
January 13, 2023, 12:10 pm
Wells fargo's (wfc) q4 earnings beat on nii, mortgage hurts
Higher interest rates, solid loan demand and decent trading performance aid Wells Fargo's (WFC) Q4 earnings amid a worsening macroeconomic backdrop an...
January 13, 2023, 12:03 pm
Wells fargo shares fall as bank's profits take a hit from higher reserves
The disappointing earnings report came after Wells Fargo said earlier this week that it would retrench from the U.S. ...
January 13, 2023, 7:38 am
Taylor wimpey holds 2022 guidance but market uncertainty hits sales at year-end
Taylor Wimpey PLC (LSE:TW.) reported the ongoing market uncertainty means that sales remain significantly below levels seen prior to the rise in ...
January 13, 2023, 2:40 am
Ft - uk mortgage costs have risen to highest proportion of income since financial crisis
Financial Times with the news, not surprising given the rapid ramp-up of interest rates from the Bank of England in its battle to contain inflation...
January 13, 2023, 12:13 am
Essex property trust is clearly the best bargain when it comes to residential reits
Higher interest rates in the mortgage market have caused demand to slow and record-high real estate pri...
January 12, 2023, 5:59 pm
Why shares of redfin, zillow, and anywhere real estate are surging this week
mortgage rates fell last week, which led to higher mortgage ...
January 12, 2023, 12:50 pm
Wells fargo clarifies its mortgage retrenchment
The bank worked to reassure real-estate agents, builders and other referral partners this week after saying it was narrowing the business....
January 12, 2023, 11:29 am
Kb home misses on earnings, orders plunge amid higher mortgage rates
Yahoo Finance Live anchors Julie Hyman and Brian Sozzi discuss the decline in stock for KB Home following fourth-quarter earnings....
January 12, 2023, 10:48 am
First american financial: patience should be rewarded
First American Financial has seen some near-term headwinds, but things are starting to look up. It's gaining market share in home purchase and commerc...
January 12, 2023, 8:05 am
My retirement is paid for by your home: annaly capital
Mortgages are a top priority for consumers to make payments on. I like being their top priority. The government guarantees agency MBS, it helps make t...
January 12, 2023, 7:25 am
Enact holdings: resilient balance sheet for a tough mortgage environment
Private mortgage insurer Enact Holdings has performed better than peers over the last 12 months in spit...
January 12, 2023, 3:18 am
Persimmon plc says it is too early to predict a recovery as fourth quarter sales slide
Persimmon PLC (LSE:PSN) warned that higher mortgage rates, inflation, heightened market uncertainty an...
January 12, 2023, 3:08 am
Inflation, ‘uncertain economy' are making home buyers more cautious, kb home says
Potential home buyers are more cautious than they were in the middle of last year thanks to higher mortgage ...
January 11, 2023, 5:04 pm
Well fargo shrinks mortgage services business
CNBC's Hugh Son joins 'The Exchange' to discuss drops in Wells Fargo mortgage volumes, risk associated ...
January 11, 2023, 3:35 pm
Battered homebuilder stocks may be primed for a new rally as us mortgage rates look set to drop in 2023, bank of america says
BofA is anticipating a drop in the 30-year mortgage rate to about 5.25% this year - a move favorable to...
January 11, 2023, 2:43 pm
Wfc stock alert: what to know as wells fargo scales back exposure to housing market
Once the leader in the U.S. mortgage market, banking giant Wells Fargo (NYSE: WFC ) announced that it w...
January 11, 2023, 1:23 pm
Consider dfra as confidence in housing market rises
While mortgage rates are double what they were a year ago, home prices have been falling since June, sl...
January 11, 2023, 1:03 pm
mortgage rates should keep falling, boosting home-builder stocks, analysts say
Shares of home builders enjoyed a broad rally Wednesday after BofA Securities said it sees a “favorable setup” for the sector, with lower ...
January 11, 2023, 12:11 pm