The rate for a 30-year fixed-rate mortgage was 7.18% this week, down from 7.24% last week, according to Freddie Mac. A year ago, the rate was 6.22%. The rate for a 15-year fixed-rate mortgage was 6.57%, down from 6.6% last week. A year ago, the rate was 5.5%.
A total of 720 lenders reported data about originations and purchases of small loans — $1 million or less — to businesses and farms in 2025.
More than 6,500 communities across the U.S. have been designated Qualified Opportunity Zones, which provide tax incentives for investing in distressed areas, the Treasury Department and IRS announced.
U.S. consumers are highly satisfied with their bank’s digital banking services, according to a new survey conducted by Morning Consult on behalf of ABA.
ABA joined five associations in urging the SEC to extend the comment deadline for its proposed crypto custody rules, saying more time is needed to answer given the highly technical nature of the subject.
Members of ABA’s policy team were on hand to help ag lenders begin to sort out the election results that put Democrats in control of Congress and what the transfer of power might mean for ag and rural...
Addressing ABA’s 74th Agricultural Bankers Conference, Nichols told the crowd in Minneapolis that while the results of the elections were “historic” and the roster of lawmakers and the power in Congressional committees will soon change, the issues ABA...
