The rate for a 30-year fixed-rate mortgage was 6.84% this week, up from last week when it averaged 6.78%, according to Freddie Mac. A year ago, the rate was 7.29%. The rate for a 15-year fixed-rate mortgage was 6.02%, up from last week when it averaged 5.99%. A year ago, the rate was 6.67%.
Kansas City Fed: Consumer credit cards show few signs of financial stress
Consumer credit card delinquency rates for prime borrowers have not risen in the past two years despite higher interest rates as the Federal Reserve tightened monetary policy.