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Bank of America, the second-largest U.S. bank by assets, said Wednesday that its earnings slumped in the third quarter after it agreed to a settlement with the government over its sale of mortgage-backed securities. The Charlotte, North Carolina-based bank reported net income of $168 million for … Read entire story.
Source: Personal Finance News
Baltimore Bridge Collapses, Rescue Efforts Underway Source link
About 5 minutes ago, the British Revised GDP figures were released, showing a -0.6 decline rather than -0.7{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}. This is basically what investors expected. Immediately following the result, the GBP/USD cross dipped below the 1.6300 mark. However, soon after trader confidence pushed the GBP/USD pair back up to the 1.6310 level. Therefore…
Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage rose to 3.80 per cent from 3.76 per cent last week.