Mortgage rates

Why the pandemic isn’t scaring away first-time homebuyers

06/08/20

One segment of the market, at least, has proved more resilient than many feared early on in the crisis.

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Mortgage lenders tighten screws on credit in echo of 2008

05/08/20

Mortgage rates are at record lows, but borrowers hoping to take advantage are running into the toughest loan-approval standards in years.

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Auto loan market divides; have banks set aside enough for bad loans?

05/04/20

Lenders are throwing money at buyers with stable jobs while making it harder for weak borrowers to get loans; $50 billion in loss provisions may not be enough and could stifle lending.

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N.Y., California want more regulation; bank stocks hammered again

03/17/20

The governors want more regulatory power as federal oversight slips; U.S. and European banks dropped sharply Monday as coronavirus-related problems multiply.

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More coronavirus challenges for banks; RBS delays

03/12/20

Bankers express confidence despite coronavirus concerns, while consumers ponder cash needs; U.K. will hold off unloading its 62% stake in bank.

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Mortgage activity rising after Fed's emergency rate cut, Truist chief says

03/10/20

While clients are uneasy about the spread of coronavirus, Kelly King touted the added volume his company has seen from lower rates.

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Dimon has emergency heart surgery; Waters wants two off Wells' board

03/06/20

The JPM CEO is “recovering well” as the bank’s two co-presidents assume control; the House finance chairwoman says the bank board members neglected their duty.

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JPMorgan shifts scores of workers to mortgages to handle boom

02/28/20

Demand for home loans has been strong in recent months and is expected to increase coronavirus fears push rates lower.

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Refinance mortgage applications reach highest level since 2013

02/12/20

Refinance application activity last week was the highest in nearly seven years, with more than triple the volume from one year ago, according to the Mortgage Bankers Association.

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Big mortgage lenders are flirting with disaster

02/07/20

Banks' lowering of origination fees and loosening of underwriting standards often foreshadow a downturn.

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