Tag Archives: BofA

According to Bank of America's latest Homebuyer Insights Report, the estimated number of prospective buyers willing to wait for prices and/or mortgage rates to fall before purchasing a home is down from a whopping 85% recorded in June.

A new BofA study revealed that American employees continue to feel stressed about their finances and remain concerned about the increasing cost of living, with an estimated 67% of American employees reporting that the cost of living is outpacing growth in their salary or wages.

Bank of America posted a 40 percent growth in overall net income for Q1. Growing consumer banking revenues seem to be the key. But the bank’s mortgage platform is down from a year ago, even as overall loan revenue is up.