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%.
As president and CEO of $50 billion-plus BOK Financial, Stacy Kymes spends time thinking about the role of regional banks in the U.S. economy. Here's how BOK Financial finds unique niches and meets the credit and capital market...
Grasshopper Bank in New York City has agreed to buy Auto Club Trust in Dearborn, Michigan. The $485 million-asset Auto Club Trust is a federal savings bank owned by The Auto Club Group.
When it comes to fighting financial crime, strong partnerships between the public and private sectors are essential, ABA President and CEO Rob Nichols said at the ABA/ABA Financial Crimes Enforcement Conference.
New government guidance for financial institutions provides best practices for compliance with the Export Administration Regulations, which officials say is crucial as threats from certain countries grow.
A “substantial majority” of Federal Open Market Committee participants supported the decision to lower target range for the federal funds rate by 50 basis points during its most recent meeting in September, with some arguing the committee should...
ABA, Nebraska Bankers Association ad highlights Rep. Don Bacon’s (R-Neb.) support of legislation that boosts small businesses and incentivizes community development and job growth across Nebraska’s diverse communities.
