The rate for a 30-year fixed-rate mortgage averaged 6.94% this week, down from last week when it averaged 7.02%. A year ago, the 30-year rate was 6.57%. The rate for a 15-year fixed-rate mortgage averaged 6.24%, down from last week when it averaged 6.28%. A year ago, the rate was 5.97%.
Bank acquisitions announced in three states
Proposed acquisitions have been announced in recent days of banks in Florida, Kansas and Missouri.