Mortgage rates mixed

The Federal Reserve proposed new rules to require payment stablecoin issuers under its supervision to back their stablecoins with certain reserve assets, and to establish an application process for state member banks seeking to create subsidiaries that issue...

Credit conditions are expected to weaken slightly over the next six months as inflation remains elevated and financial conditions remain restrictive, according to ABA’s latest Credit Conditions Index.

ABA seven associations urged the FCC to vote in favor of a draft order revising two Telephone Consumer Protection Act rules – the “revoke all” rule and the “provided number” condition – that have made it more difficult...

The rate for a 30-year fixed-rate mortgage was 7.03% this week. The rate for a 15-year fixed-rate mortgage was 6.42%.

Six U.S. and foreign banks released a set of principles for building consumer and merchant trust in AI agents used in commerce.

As the housing market transitions into the fall season, residential construction and mortgage loan demand could fall as the peak homebuying period comes to an end.