In January, total home sales came in at 4.7 million. That level is “only modestly above the weak rate experienced in the wake ...
Key Takeaways Mortgage rates are likely to stay above 6% through 2026, according to a Wells Fargo report that showed continued pressure on affordability across the housing market.Home borrowing costs ...
Wells Fargo says home sales have slowed to levels last seen in the aftermath of the Great Recession. Unlike 2008, the broader economy remains strong — home prices aren't crashing, and ...
Wells Fargo is led by chief executive officer Charlie Scharf, who took on the role in 2019, following the company’s wide-ranging sales practices ... related to its home lending loss mitigation ...
Wells Fargo’s economists said Wednesday ... including credit cards and home equity lines of credit. “Given a moderate outlook for consumer and investment spending, and a mixed outlook for ...
Wells Fargo & Co. on Monday said that regulators had terminated a 2021 enforcement order related to loss-mitigation issues in its home-lending business, marking the latest such order to be lifted from ...
Tesla (NASDAQ:TSLA) has had a brutal start to 2025, losing 50% of its value since December, and according to Wells Fargo ... weak sales, shrinking margins, and a bleak growth outlook for the ...
Home sales are barely above the pace experienced in the years that followed the housing crash. This time around, it’s because would-be buyers can’t afford the one-two punch of high home prices ...