The rate for a 30-year fixed-rate mortgage averaged 6.95% last week, up from the previous week when it averaged 6.99%. A year ago, the 30-year rate was 6.69%. The rate for a 15-year fixed-rate mortgage averaged 6.17%, up from the previous week when it averaged 6.29%. A year ago, the rate was 6.10%.
ABA, state bankers associations warn credit card rate cap would cause economic harm
A Senate bill to cap the annual percentage rate for credit cards at 10% would have a devastating effect on access to credit for individuals and small business owners who use their personal cards as a form of...