Electronic card sales dip as petrol price falls

Electronic card sales dip as petrol price falls
A fall in petrol prices and a drop in spending on clothes because of a mild autumn have caused credit and eftpos cards sales to drop slightly in May.
Read more on Timaru Herald

Wells Fargo profit up 51%, but revenue falls

Wells Fargo profit up 51%, but revenue falls
Wells Fargo’s income jumped 51 percent in the first quarter as more people opened accounts with the bank and business customers took out more loans. Revenues fell as higher interest rates resulted in a sharp decline in new mortgages. The San Francisco-based bank said Wednesday it earned $3.6 [...]

Mideast markets mixed; Oman falls to 12-day low

Mideast markets mixed; Oman falls to 12-day low
Mideast markets mixed; Oman falls to 12-day low
Read more on MENAFN

Mortgage approvals dip as consumer lending falls

Mortgage approvals dip as consumer lending falls
Further weakness in house prices and the broader economy looks more likely after data on Wednesday showed the fewest mortgage approvals since February and a second straight monthly drop in services output.
Read more on Reuters via Yahoo! UK & Ireland News

CONSUMER ALERT: Home Loan Demand Falls As Refinancing Slows

CONSUMER ALERT: Home Loan Demand Falls As Refinancing Slows
NEW YORK – Mortgage applications for home loan refinancing fell for a second straight week, dropping to its lowest level since early August, as rock-bottom interest rates failed to boost demand. While historically low mortgage rates have been a glimmer of hope for a housing market that [...]

The 30-Year Fixed-Rate Mortgage Falls to 4.69%

The 30-Year Fixed-Rate Mortgage Falls to 4.69%
Mortgage rates are at their lowest since Freddie Mac began keeping records in 1971. The last time they were cheaper was the 1950s.
Read more on New York Times

Mortgages: 30-year fixed-rate mortgage falls farther below 5%

Mortgages: 30-year fixed-rate mortgage falls farther below 5%
Mortgage rates fall again this week, with the 30-year fixed-rate mortgage dropping to an average 4.93%, according to Freddie Mac’s weekly survey of conforming rates.
Read more on Market Watch

Mortgage activity falls despite low rates

Mortgage activity falls despite low rates
WASHINGTON, Jan. 27 (UPI) — The volume of applications for U.S. mortgages dropped 10.9 percent in a week on a seasonally adjusted basis, an industry group said Wednesday.
Read more on UPI