| May 3, 2012 3:16PM Mortgages rates are unchanged to slightly higher today. The change is so minimal that for all intents and purposes, you might as well consider rates "unchanged." This is a rather remarkable accomplishment considering tomorrow's Jobs report because it means that, on average, rates have held their narrowest range between any two Jobs reports since we started keeping track. Despite that flatness, Best-Execution rates for 30yr Fixed Conventional loans eased down from 4.0% to 3.875% during that time,... May 3, 2012 11:20AM What is 33.9%? According to Inside Mortgage Finance it's Wells Fargo's market share of the mortgage business for the 1st quarter, the most ever for any firm. Rounding out the top players were Chase (10.6%), U.S. Bancorp (5.2%), and Bank of America (4.2%). More Other lenders are only too happy to step into BofA's, MetLife's, and ING's void. Affiliated Mortgage Company (AMC) is expanding its Retail Division in Texas, the Southwest, and Midwest. This expansion would include top producing LO's, producing...
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