The post Wells Fargo Steps Back From Mortgage Market appeared first on Weekly Real Estate News.
Wells Fargo Steps Back From Mortgage Market
Top News
Default Could Send Housing Market Into ‘Deep Freeze’: Zillow
The interest rate on a standard 30-year mortgage would jump as high as 8.4% if the U.S. defaults on its debts this summer, raising housing costs for new buyers by 22%, according to a new analysis by […]
Mortage News
U.S. Housing Bubble Downfall Continues: Purchase Mortgage Applications At 28-Year Low
After one of the largest speculative bubbles in history during the pandemic, the US housing market is now slowly tanking. Median home prices in the United States had risen about 45% in two years from […]
Financial Markets
Mortgage Application Volume Struggling With Higher Rates
Mortgage interest rates rose again last week, reaching the highest level in nearly a quarter century and further sidelining mortgage borrowers. The Mortgage Bankers Association (MBA) reported that its Market Composite Index, a measure of […]