Mortgage rates tick up
The rate for a 30-year fixed-rate mortgage was 6.26% this week. The rate for a 15-year fixed-rate mortgage was 5.54%.
ABA Data Bank: Labor market remains strong
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IRS releases interim guidance on ACRE Act tax benefit
The IRS issued interim guidance for a new tax benefit for lenders serving rural and agricultural communities, which was included in a tax package passed by Congress earlier this year.
NAR: Existing home sales increased 1.2% in October
Existing home sales increased 1.2% in October to a seasonally adjusted annual rate of 4.10 million., according to the National Association of Realtors.
119,000 jobs added in September, unemployment rate edged up to 4.4%
Total nonfarm payroll employment increased (+119,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS) reported.
ABA, associations: Extend deadline for revised data breach standards
ABA and nine associations asked the SEC to extend the compliance date for recent amendments to its data breach standards for investment companies and advisers.
ABA survey: Majority of U.S. consumers think Congress should hold credit unions accountable
A new ABA survey found that a wide majority of U.S. consumers (67%) believe that Congress should reexamine the tax-exempt status of federal credit unions, with only 14% opposed to such a hearing.
