The rate for a 30-year fixed-rate mortgage averaged 6.79% this week, down from last week when it averaged 6.87%. A year ago, the 30-year rate was 6.32%. The rate for a 15-year fixed-rate mortgage averaged 6.11%, down from last week when it averaged 6.21%. A year ago, the rate was 5.56%.
FinCEN issues advisory on Iran-backed terrorist organizations
FinCEN issued an advisory to assist financial institutions in detecting potentially illicit transactions related to Iran-backed terrorist organizations.