Fed: More than 100 institutions using FedNow

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%.

The IRS issued interim guidance for a new tax benefit for lenders serving rural and agricultural communities, which was included in a tax package passed by Congress earlier this year.

Existing home sales increased 1.2% in October to a seasonally adjusted annual rate of 4.10 million., according to the National Association of Realtors.

Total nonfarm payroll employment increased (+119,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS) reported.

ABA and nine associations asked the SEC to extend the compliance date for recent amendments to its data breach standards for investment companies and advisers.

A new ABA survey found that a wide majority of U.S. consumers (67%) believe that Congress should reexamine the tax-exempt status of federal credit unions, with only 14% opposed to such a hearing.