Still lending local: The continued role of mutual banks in mortgage finance
Mutuals show that a relationship-based model remains valued by many Americans and continues to position these institutions as pillars of...
Economy
Bank economists: Softer credit conditions expected over next six months
Credit conditions are expected to weaken slightly over the next six months as inflation remains elevated and financial conditions remain...
Mortgage rates continue to rise
The rate for a 30-year fixed-rate mortgage was 7.03% this week. The rate for a 15-year fixed-rate mortgage was 6.42%.
ABA DataBank: New home sales gain in August
As the housing market transitions into the fall season, residential construction and mortgage loan demand could fall as the peak...
OCC releases mortgage performance report for Q2 2026
The OCC released the second quarter 2026 mortgage metrics report, which showed that 97.7% of first-lien mortgages in the federal...
Bank economists: Business spending will drive resilient growth in the face of elevated inflation
ABA's Economic Advisory Committee expects the U.S. economy to continue expanding at a solid pace through the remainder of 2026...
ABA DataBank: Treasury yield spread narrows since start of year
While both rates have increased and the yield curve remains upward sloping, it has flattened as the two-year yield has...
Industrial production was unchanged in August
Industrial production was unchanged in August, after edging up 0.2% in July. In August, manufacturing output decreased 0.3%, and the...
NAHB: Homebuilder confidence slips in September
Homebuilder confidence in the market for newly built single-family homes fell three points to 32 in September, according to the...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.95% this week. The rate for a 15-year fixed-rate mortgage was 6.26%.
