Mortgage Rates for January 23: Rates tick up slightly SFGATE
In yet another sign that the mortgage market is completely volatile and far from liquid, top mortgage lender Wells Fargo has severely tightened its jumbo loan guidelines. Going forward, the San Francisco-based bank now requires customers to have $250,000 in liquid assets in a Wells account in order to get approved for a jumbo home [&hellip
The post Wells Fargo Will Only Give You a Jumbo Loan If You Have 0k in Their Bank first appeared on The Truth About Mortgage.
Mortgage rates have increased in four of the six weeks of 2021, and mortgage applications have mostly risen and fallen alongside them.
The post Mortgage applications dip as rates climb appeared first on HousingWire.