The rate for a 30-year fixed-rate mortgage was 6.94% this week, up from last week when it averaged 6.9%. A year ago, the rate was 6.55%. The rate for a 15-year fixed-rate mortgage was 6.26%, down from last week when it averaged 6.29%. A year ago, the rate was 5.89%.
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...