The rate for a 30-year fixed-rate mortgage was 6.76% this week, down from last week when it averaged 6.85%, according to Freddie Mac. A year ago, the rate was 6.94%. The rate for a 15-year fixed-rate mortgage was 5.94%, down from last week when it averaged 6.04%. A year ago, the rate was 6.26%.
FS-ISAC released a report to help financial service providers predict the challenges and identify the uncertainties involved in implementing generative artificial intelligence solutions.
Under a new executive order from President Trump, effective Sept. 30, the U.S. Treasury will no longer issue paper checks for disbursements, including tax refunds, vendor payments, benefit payments and intergovernmental transfers.
The CFPB's focus too often has been on increasing its authority rather than on instituting checks and balances to ensure that authority is used for the benefit of consumers and consistent with law, ABA in a statement to...
The FDIC is drafting rulemaking to remove reputational risk from its bank supervision, several media outlets reported. The move follows similar action by the OCC last week.
BankFirst in Columbus, Mississippi, has agreed to buy Magnolia State Corp. in Bay Springs, Mississippi.
The Consumer Confidence Index was 92.9 in March, down 7.2 points from the previous month, the Conference Board said.
