The rate for a 30-year fixed-rate mortgage averaged 6.89% this week, down from last week when it averaged 6.95%. A year ago, the 30-year rate was 6.96%. The rate for a 15-year fixed-rate mortgage averaged 6.17%, down from last week when it averaged 6.25%. A year ago, the rate was 6.3%.
ABA, state associations urge Congress to repeal CFPB’s overdraft rule
ABA joined 52 state bankers associations in expressing strong support for a resolution of disapproval introduced by lawmakers that would invalidate the CFPB’s final rule on overdraft protection.