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That year began with Wells Fargo's announcement it would make big reductions in its Des Moines-based home mortgage business as rising interest rates slashed demand. Wells Fargo is also continuing ...
Could declining mortgage interest rates make for a more normal 2024 in the Des Moines ... a vice president and economist with Wells Fargo, pointed out that interest rates have seen both historic ...
Wells Fargo Home Mortgage Corporate Office is seen, 7001 Westown Pkwy, on Friday, Dec. 15, 2023, in West Des Moines.
Mortgage interest rates are overall relatively steady, but 30-year fixed rates have risen 15 basis points in the last week, landing today at are up to 7.25%. 30-year fixed refinance rates hit 7.28 ...
In the summer of 1984, Norwest Mortgage lost nearly $100 million from an unsuccessful effort to hedge its mounting interest-rate risk on adjustable-rate mortgages. The loan losses and the mortgage debacle led to a drop in net income from $125.2 million in 1983 to $69.5 million in 1984.
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
The housing market is headed back to a 1980s-style recession, Wells Fargo says—and it’s all because of ‘higher for longer’ mortgage rates Alena Botros October 30, 2023 at 2:46 PM
Veterans United Home Loans. 4.9/5. Undisclosed for FHA loans. 3.5% for FHA loans. Bethpage Federal Credit Union. 4.9/5. 500 for FHA loans. 3.5% for FHA loans. Wells Fargo Home Mortgage. 4.8/5 ...