Mortgage applications on the rebound

Mortgage applications on the rebound

The adjustable-rate mortgage (ARM) share of activity was unchanged at 6.7% of total applications, the FHA share inched up to 10.7% from 10.4%, the
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Miguel Blesa, former Spanish banker, found dead after gunshot

MADRID — Spain's Civil Guard said Wednesday that a former chairman of one of the country's largest banks has been found dead with a gunshot
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US Banking Regulator Supports Giving National Licenses to Financial-Technology Firms

WASHINGTON—The Trump administration supports giving national banking licenses to firms in the emerging financial-technology industry, acting
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Tax Court Grants Mortgage Interest Deduction for 'Equitable Owner'

Generally speaking, mortgage interest is deductible by the owner of a home paying the mortgage, not a tenant or other party. But there are exceptions
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Best 15-Year Fixed-Rate Mortgage Lenders

While 30-year fixed-rate loans are the most common type of mortgage, some home buyers seek a 15-year mortgage with a lower interest rate, which
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US Banks With the Most Branches

Who said digital and branch banking can't co-exist? … In the most recent quarter, U.S. Bancorp closed a net three branches, Bank of America's branch
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Qualcomm's Profit Slumps Amid Apple Battle

Qualcomm reported a 40% slump in quarterly profit as its escalating patent battle with Apple Inc took a toll on its business. Shares of the company
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To Combat Sexual Harassment, Think Like a Product Designer

There was no buzz, no social media,” she told the rapt crowd at Fortune's Brainstorm Tech conference in Aspen, Colo. on Wednesday. One of the
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As Banks Make Huge Profits From Higher Interest Rates, Savers Earn Pennies

Banks are harvesting money from loans while the rates paid out to their depositors remain stubbornly low, boosting profits in the industry. At JPMorgan
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Fredrik Eklund talked up his ranking on broker charts for years. Now, he says he's done with them

“It appears as though there is some confusion over who the #1 real estate team in … facts whereas the Real Trends ranking is based on self-reported numbers. His Instagram bio continues to describe him as “The #1 real estate team
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How Google Is Changing Mobile Search to Compete With Facebook

Google on Wednesday announced an overhaul of its search app on mobile phones to include a personalized feed of links about hobbies, travel,
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Mortgage Rates at 3-Week Lows

Mortgage rates moved lower today, despite slightly weaker underlying bond markets. This has been an ongoing phenomenon in recent days.
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NAFTA conflict brews over banking data

Among the few rather specific ambitions disclosed by the Americans, however, related to where banks are required to store customer data. The U.S.
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Banking: Focus shifting to second wave of Brexit

The banking industry has stopped fretting about a full-on Brexodus of jobs to … Frankfurt, where banks such as Nomura, Daiwa and Sumitomo Mitsui
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London housing market feeling the chills

Insatiable demand as well as investors from around the world piling into the British capital's residential property market meant that prices always
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Seacoast's deal for NorthStar Bank will benefit two of Tampa's best-known business leaders

A consolidating banking industry cuts options for business borrowers but gives bank investors a chance to cash out long-held shares.
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Don't panic on that WhatsApp message! No bank is closing down

There are increasing number of messages on WhatsApp and other social media platforms informing people about closure of nine banks. However
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Apple Just Got More Public About Its Artificial Intelligence Plans

Apple is lifting the veil on some of its work in the red-hot field of artificial intelligence. The consumer technology giant debuted Wednesday a website
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Carrier Begins Job Cuts at Indiana Factory Championed by Trump

Carrier Corp. is beginning job cuts at the Indianapolis factory that became a rallying cry for President Donald Trump because of the company's plans to
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Don't Take the Bait From Trump, Journalists Say

… in place,” Sanger said, speaking on a panel about the issue of “fake news” at Fortune's Brainstorm Tech conference in Aspen, Colo. on Wednesday.
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