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Wells Fargo Profit Rises as Bank Gains From Refinancing
Posted to: Around The Web
Friday, January 11, 2013 3:12 AM

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Wells Fargo Profit Rises as Bank Gains From Refinancing Bloomberg Wells Fargo & Co. (WFC), the largest U.S. home lender, reported a 24 percent rise in fourth-quarter profit as the bank made more money from mortgage banking and squeezed more income out of revenue. Net income advanced to a record $5.09 billion, or 91 ... and more »

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Mortgage Rates:
  • 30 Yr FRM 4.02%
  • |
  • 15 Yr FRM 3.24%
  • |
  • Jumbo 30 Year Fixed 4.20%
MBS Prices:
  • 30YR FNMA 4.5 106-27 (0-00)
  • |
  • 30YR FNMA 5.0 108-03 (-0-08)
  • |
  • 30YR FNMA 5.5 108-27 (-0-04)
Recent Housing Data:
  • Mortgage Apps -3.25%
  • |
  • Refinance Index -3.43%
  • |
  • Purchase Index -3.04%
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