A growing assembly of respected academics, economists and advocates is calling for the end of US banks deemed ‘too big to fail’ and have Bank of America squarely in their sights as public enemy number one. The group is currently undergoing creation of a petition which will be ultimately handed to key regulators and the [...]
National average mortgage rates are experiencing a slow but steady backtrack from record lows, according to official weekly mortgage data. According to leading housing market analysts, economic news has been mostly positive over the past couple of weeks and has resulted in renewed confidence in investors, who have been moving money away from safe haven [...]
US citizens in no small numbers already have their own less than positive views about the IRS. Now, it appears that the world at large may soon be sharing their sentiments in no uncertain terms. Congress has set the ball in motion regarding an act, which if put into practice will see banks in countries [...]
As it stands, the actual details and specifics of the mortgage fraud settlement reached by the five biggest lenders in the US today have never appeared more certain. However, it appears equally as certain that the agreement will not be put in motion anytime soon, therefore with no specific resolution to speak of, president Barack [...]
As a key note in yesterday’s State of the Union address, Barack Obama made the call for wealthy Americans to begin paying a minimum of 30% in tax, which is more than double the amount paid in 2010 by Republican Mitt Romney on his $22 million total income. In a speech which was of course [...]
Bank of America (NYSE:BAC) continues to offer refinance mortgage rates that hover near all time lows. While 30 year fixed rate loans are still above 4.25% that interest rate is low enough to save a large number of borrowers a significant amount of money on their monthly payments. Many can not take advantage of the [...]
Mortgage rates took a break this week after free falling for some time, national average rate averages were unchanged the past two trading days. Bank of America (NYSE:BAC) is quoting 4.00% even for the benchmark 30 year fixed rate home loan. National averages are 4.03% the 30 year loan through the holiday weekend. BoA’s loan [...]
With talk of all time record low mortgage rates once again doing the rounds among experts and casual observers alike, PNC Bank (NYSE:PNC) is today serving as an excellent reminder that just when we think we have seen rates drop as low as they possibly can, a surprise or two is never far away. Looking [...]
The week as a whole seems to be shaping us as another period of truly golden buying opportunities for millions of would-be borrowers, with the likes of Wells Fargo (NYSE:WFC) and many other major US lenders offering mortgage packages at some of the lowest rates seen in a generation. When held alongside the rather disappointing [...]
As the mid-stages of the week again roll our way, Bank of America (NYSE:BAC) is continuing to offer a catalogue or mortgage rates and products for home purchase that seem almost unstoppable in their strength. With record low territory having once again been in sight for most of the week so far, there is no [...]
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