The rate for a 30-year fixed-rate mortgage averaged 6.79% this week, down from last week when it averaged 6.87%. A year ago, the 30-year rate was 6.32%. The rate for a 15-year fixed-rate mortgage averaged 6.11%, down from last week when it averaged 6.21%. A year ago, the rate was 5.56%.
Republic First Bank closed in Pennsylvania
State regulators closed Republic First Bank, doing business under the Republic Bank brand, in Philadelphia, and appointed the FDIC as...