The housing wealth of homeowners aged 62 and older hit a record high of $7.82 trillion in the third quarter of 2020, the National Reverse Mortgage Lenders Association (NRMLA) reported Thursday. The association said seniors saw a $121 billion (1.6%) quarter-over-quarter gain in their housing wealth, as the value of seniors’ homes climbed by an … [Read more…]
Home loans for low credit scores | Mortgage Chase News & Stories
Wells Fargo, the nation’s second-biggest mortgage lender, said that its financial performance improved in the fourth quarter – despite the ongoing impact of the coronavirus pandemic. The bank originated $53.9 billion of residential mortgages in a white-hot Q4, a year-over-year decline of 12.5%, according to its earnings report released Friday. Its rival, JPMorgan Chase, reported … [Read more…]
A CIT Bank Savings account will help you boost your savings, earning 20 times more than what a traditional bank account will offer you. If you have a regular checking and savings account at your local bank, you may notice that your rate on the savings account is less than a tenth of a percent. …
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