The rate for a 30-year fixed-rate mortgage was 6.76% this week, unchanged from last week, according to Freddie Mac. A year ago, the rate was 7.09%. The rate for a 15-year fixed-rate mortgage was 5.89%, down from last week when it was 5.92%. A year ago, the rate was 6.38%.
With failure on procedural motion, Clarity Act’s future is uncertain
The Senate voted 50-49 against ending debate on the Clarity Act. By failing to reach the 60-vote threshold needed for cloture, senators signaled their unwillingness to pass the legislation in its current form.
