The rate for a 30-year fixed-rate mortgage averaged 6.89% this week, down from last week when it averaged 6.95%. A year ago, the 30-year rate was 6.96%. The rate for a 15-year fixed-rate mortgage averaged 6.17%, down from last week when it averaged 6.25%. A year ago, the rate was 6.3%.
ABA, associations reaffirm support for federal preemption of Illinois interchange law
ABA joined other national associations and state bankers associations in submitting a trio of letters expressing their support for recent actions by the OCC to reaffirm federal preemption of state attempts to regulate interchange fees, as in Illinois.









