The rate for a 30-year fixed-rate mortgage was 6.74% this week, down from last week when it was 6.75%, according to Freddie Mac. A year ago, the rate was 6.78%. The rate for a 15-year fixed-rate mortgage was 5.87%, down from last week when it was 5.92%. A year ago, the rate was 6.07%
ABA joined four banking and credit union associations in correcting the record about several falsehoods made by financial technology and retail groups regarding the CFPB’s Section 1033 data sharing rule.
The leaders of the Senate Banking Committee released a bipartisan bill that seeks to boost housing supply by removing regulatory barriers to building homes, expanding rental assistance and allocating funds for infrastructure that supports new housing.
The U.S. Treasury collected over $27 billion in customs duties in June 2025, bringing the year-to-date total to over $90 billion.
The wealth management industry is on “a collision course” with a talent crisis as many advisers are quickly approaching retirement age, according to a new survey.
New orders for manufactured durable goods decreased $32.1 billion or 9.3% in June to $311.8 billion, the U.S. Census Bureau said in its most recent advance report.
A bipartisan coalition of 32 state attorneys general called on federal lawmakers to pass legislation that would enable financial institutions to serve legitimate cannabis businesses in states where it is legal.
