The rate for a 30-year fixed-rate mortgage was 6.38% this week, up from 6.22% last week, according to Freddie Mac. A year ago, the rate was 6.65%. The rate for a 15-year fixed-rate mortgage was 5.75%, up from 5.54% last week. A year ago, the rate was 5.89%.
The Texas Bankers Foundation has reopened its Flood Relief Fund to support Texas communities affected by the severe storms and flooding unfolding across the state.
The FDIC has released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of the San Carlos Apache Indian Reservation in Arizona, and the Fort Peck Indian Reservation and the Crow...
Consumer sentiment increased 4.9 points month-over-month in July to 54.4, but still down 7.3 points from one year ago, according to preliminary results of the University of Michigan Surveys of Consumers.
Industrial production edged up 0.1% in June and grew at an annual rate of 4% in the second quarter.
Given an increase in geopolitical uncertainties, crude oil volatility is on an upward trend.
Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1.427 million, which was 19% above the revised May estimate of 1.199 million and 3.5% above the June 2025 rate of 1.379 million.
