The rate for a 30-year fixed-rate mortgage was 6.47% this week, down from 6.52% last week, according to Freddie Mac. A year ago, the rate was 6.81%. The rate for a 15-year fixed-rate mortgage was 5.81%, down from 5.84% last week. A year ago, the rate was 5.96%.
ROAD to Housing Act becomes law
Among its homeownership benefits, the legislation also includes provisions related to brokered deposits, bank examinations, de novo bank formation and a mentor-protégé program pairing large financial institutions with smaller depository institutions.









