The rate for a 30-year fixed-rate mortgage averaged 3.82 percent this week, Freddie Mac said today. At this time last year, the 30-year FRM rate averaged 3.97 percent. This week’s 15-year FRM rate averaged 3.03 percent compared to last week’s 2.99 percent rate. A year ago, the 15-year FRM rate averaged 3.18 percent.
Republic First Bank closed in Pennsylvania
State regulators closed Republic First Bank, doing business under the Republic Bank brand, in Philadelphia, and appointed the FDIC as...