Mortgage rates drop

ABA’s Economic Advisory Committee expects the U.S. economy to continue expanding through the remainder of 2026 and into 2027. The committee's latest forecast also expects inflation to remain above the Federal Reserve’s 2% target due in part to...

A proposed Senate bill would strengthen the CDFI Fund through added transparency, the expansion of responsible access to capital and the improvement of federal programs that support CDFIs, ABA said in a letter to the bill’s sponsors.

This month’s job loss is evidence that the labor market is continuing to cool. The broad slowdown in hiring and the uptick in unemployment point to easing labor demand.

Financial institutions should treat an eligible tokenized security in the same manner as the non-tokenized form of the security under the capital rule, the Federal Reserve, FDIC and OCC said in a new FAQ.

The rate for a 30-year fixed-rate mortgage was 6% this week. The rate for a 15-year fixed-rate mortgage was 5.43%.

Overall economic activity increased at a slight to moderate pace in seven of the 12 Federal Reserve districts in the opening months of 2026, while the number of districts reporting flat or declining activity increased from four to...