Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.71% this week. The rate for a 15-year fixed-rate mortgage was 6.04%.
Newsbytes
ABA Chair: Community banks are no one’s stalking horse in the Clarity Act debate
If consumers and businesses are encouraged to move money from bank deposits into stablecoins that offer interest-like rewards, those funds...
HSA Council endorses Hardworking Seniors Act
The ABA Health Savings Account Council voiced its support for legislation that would allow working seniors on Medicare to contribute...
New orders for manufactured goods increased in July
New orders for manufactured goods in July, up following two consecutive monthly decreases, increased $5.8 billion or 0.9% to $663.6...
ADP: 38,000 jobs added in August
The nonfarm private sector added 38,000 jobs in August, and annual pay was up 4.7% year-over-year, according to the ADP...
FinCEN reissues geographic targeting order for Southwest border
FinCEN reissued a geographic targeting order targeting multiple counties and ZIP codes in two states along the Southwest U.S. border.
Beige Book: Economic activity increased modestly over late summer
Overall economic activity increased modestly since early July, with 10 of the 12 Federal Reserve Districts reporting growth in the...
Agencies issue guidance about customer communications, suspicious activity reports
FinCEN and the banking agencies issued a joint statement clarifying that confidentiality requirements related to suspicious activity reports do not...
First Financial in Indiana to buy First Illinois Corp.
The $6.2 billion-asset First Financial said in a press release that it will pay $111.3 million in cash and stock...
ABA’s Pinder named finalist for GC Impact Award
ABA General Counsel Tom Pinder has been named a finalist for Law.com’s 2026 GC Impact Award, which recognizes chief legal...
