Today was a roller coaster day for top U.S. banks. Capital One finished strong as well as JP Morgan Chase, however after hour trading as hurt JP Morgan Chase. Wells Fargo did the best closing up over 5.69% Capital One Financial Corporation (NYSE: COF) opened this morning at $48.52 after previously closing at 48.35. Today’s [...]
Mortgage rates this week continue to drop as the housing market tries to recover. This week rates are as low as 4.3% which proves that the big lenders are serious about improving the market. The only things that have increased slightly are the ARMs which borrowers can decide if those loans are right for them. [...]
Posted on June 06th, 2011 in Banking News, Headlines
Mortgage rates from some of United States top banks are considerably lower this week as the housing market tries to recover. Rates are dropping and some are even as low as 4.5%. Wells Fargo is currently offering a 30-year fixed home mortgage loan quoting a rate of 4.500%. For those borrowers looking for a smaller [...]
Mortgage rates this Monday have had little to no changes this week, having no effect occurred on the housing market. Major banks are currently offering 30-year and 15-year fixed home mortgage rates as well as refinance rates all below 5%. Wells Fargo is currently offering a 30-year fixed home mortgage loan quoting a rate of [...]
First-quarter earnings are in for one of the largest U.S. banks as, Wells Fargo posts positive earnings on Wednesday. Wells Fargo released a statement reporting that the bank earned 3.8 billion dollars in first-quarter profits. This is an 48% increase from last year. While many expert analysts expected the bank to earn 66 cents a [...]