Average mortgage rates fall to near two-year low

Average mortgage rates fall to near two-year low

National Mortgage News … Average mortgage rates fall to near two-year low … Mortgage rates fell to their lowest level since September 2017, with the … the way mortgage rates have reacted to trade-related news has been muted
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Tariffs Harmful to Trade, Won't Solve Immigration Problem, Say Local Banking Leaders

Watching those issues closely, IBC Bank executives Dennis Nixon and Gerry Schwebel spoke Wednesday of their concern about the tariffs, conditions
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Recreational property sales in BC down 22% over last year: report

WATCH: (May 28) Keith Baldrey looks at whether government policies are partially to blame for B.C.'s real estate market drop.
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MBA creates Libor discontinuation notice for residential servicers

The Mortgage Bankers Association created a template for servicers to notify borrowers when their adjustable-rate mortgage switches to a different
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Draghi speech: In aggregate so far no effect of negative rates in hurting lending

Mario Draghi, President of the ECB, is responding to questions from the press with key quotes found below. Has considerable room, comfort of law for
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Preview Your Mortgage Payoff Through Rocket Mortgage®

Now Rocket Mortgage® by Quicken Loans® is offering clients a free and easy way to get an estimate of their payoff at a glance. Read on to find out
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Right time to pull the trigger:: McDermott International, Inc., (NYSE: MDR)

On Wednesday the USA, company, McDermott International, Inc., (NYSE: MDR), the Trending-Graph. Each buying and selling session display
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JPMorgan Chase shutting down banking app geared toward young adults

JPMorgan Chase & Co. announced Thursday it was shutting down its “Finn” app, which was launched last year to appeal toward young adults.
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Impact of the drop in mortgage rates on the housing market

Impact of the drop in mortgage rates on the housing market … Holdings Executive Vice President Rick Sharga on the state of the housing market.
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This week in arthouse cinema: Shakespeare, Dylan and international films and food

“The Tomorrow Man”: Is romance possible when a survivalist who keeps buying future-disaster goods meets a woman who keeps buying things she
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Hackers take aim at Fortune 500 companies on the Dark Web

The hacking services targeted at companies in the Fortune 500 or FTSE 100 typically came with service plans for conducting the hack, with prices
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Senate Banking Committee Considers Lee's Nomination to SEC

The June 5 hearing to consider Allison Lee's nomination to fill the vacant seat on the Commission was held by the Senate Committee on Banking,
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30-year mortgage rate falls to near two-year low

… the week ending June 6, 2019, down 17 basis points from 3.99% in the previous week, according to Freddie Mac's Primary Mortgage Market Survey.
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Banking in Developing Markets

Challenges in accessing finance and even opening a simple bank account experienced by the astute entrepreneur when he ventured into business
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3 Top Executives Depart Online Lending Fintech Startup SoFi

Fintech startup SoFi — known for its online lending services — has seen three of its top executives depart from the company, the Wall Street Journal
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Lower leverage ratio may improve lending activity

“The easing of the leverage ratio requirement will boost bank lending and should serve as the much needed countercyclical stimulus,” Zarin Daruwala,
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Battlefords' housing market posts strong May

A hot, dry May brought warm weather to the Battlefords, paired with a warmer housing market, as sales posted their strongest numbers in almost two
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Non QM Mortgages

Impac Mortgage Corp. Wholesale is a national leader in B2B lending with a long heritage of building successful relationships. Since 1995, they have
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JP Morgan scraps mobile banking app Finn, its attempt to lure emoji-loving millennials

J.P. Morgan Chase is shutting down its mobile banking app Finn, meant to lure millennials with zero fees and emojis, just a year after its nationwide
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How therapy dogs are lending a paw to help heal Virginia Beach

How therapy dogs are lending a paw to help heal Virginia Beach … is providing some floppy-eared listeners who are ready to lend a helping paw.
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