The rate for a 30-year fixed-rate mortgage was 6.9% this week, up from last week when it averaged 6.77%. A year ago, the rate was 6.5%. The rate for a 15-year fixed-rate mortgage was 6.29%, up from last week when it averaged 6.12%. A year ago, the rate was 5.76%.
Court blocks CFPB’s late fee rule from taking effect
ABA's Rob Nichols welcomed the ruling, which he said “will spare banks from having to immediately comply with a rule...