Mortgage rates tick up
The rate for a 30-year fixed-rate mortgage was 6.26% this week. The rate for a 15-year fixed-rate mortgage was 5.54%.
Newsbytes
IRS releases interim guidance on ACRE Act tax benefit
The IRS issued interim guidance for a new tax benefit for lenders serving rural and agricultural communities, which was included...
NAR: Existing home sales increased 1.2% in October
Existing home sales increased 1.2% in October to a seasonally adjusted annual rate of 4.10 million., according to the National...
119,000 jobs added in September, unemployment rate edged up to 4.4%
Total nonfarm payroll employment increased (+119,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS)...
ABA, associations: Extend deadline for revised data breach standards
ABA and nine associations asked the SEC to extend the compliance date for recent amendments to its data breach standards...
ABA survey: Majority of U.S. consumers think Congress should hold credit unions accountable
A new ABA survey found that a wide majority of U.S. consumers (67%) believe that Congress should reexamine the tax-exempt...
FOMC minutes show division over December rate cut
The members of the Federal Open Market Committee expressed “strongly differing views” over whether to further trim the federal funds...
Fed’s Miran warns against overregulation of the banking industry
Policymakers should resist the urge to “overreact” in the wake of crisis, as they did following the 2008 financial crisis,...
Senate Banking Committee advances Hill nomination to be FDIC chair
The Senate Banking Committee voted to advance the nomination of Travis Hill to be FDIC chairman. He is currently acting...
Trump nominates CFPB director
President Trump has nominated Stuart Levenbach to lead the CFPB, but a bureau spokesperson told Politico the nomination was a...
