The rate for a 30-year fixed-rate mortgage averaged 3.89 percent this week, up from last week’s 3.84 percent, Freddie Mac said today. At this time last year, the 30-year FRM rate averaged 4.1 percent. This week’s 15-year FRM rate averaged 3.09 percent, up from last week’s 3.06 percent rate. A year ago, the 15-year FRM rate averaged 3.24 percent.
OCC, former comptrollers urge court to overturn Illinois interchange ruling
An Illinois state law restricting interchange fees for certain payments threatens the national banking system by interfering with federal powers to regulate that system, the OCC and a group of 10 former comptrollers said in separate court filings.









