The rate for a 30-year fixed-rate mortgage was 6.71% this week, up from 6.66% last week, according to Freddie Mac. A year ago, the rate was 6.5%. The rate for a 15-year fixed-rate mortgage was 6.04%, up from 5.98% last week. A year ago, the rate was 5.6%.
Mutuals show that a relationship-based model remains valued by many Americans and continues to position these institutions as pillars of their local communities.
The Federal Trade Commission said it will explore possible rulemaking to prevent online platforms from using ad-optimization practices that exacerbate impersonation scams. ABA welcomed the announcement.
ABA recognized five banks for outstanding marketing initiatives during the 2026 ABA Bank Marketing Conference in Austin, Texas.
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...
