WASHINGTON Mortgage were little changed this week, holding near all-time lows, according to Freddie Mac.
The average for the benchmark 30-year home loan inched up this week to 3.52%, from 3.51% last week; while the average for the 15-year mortgage remained unchanged at 2.76%.
ARM rates were mixed, with the average for the five-year ARM rising slightly to 2.63% this week, from a record low of 2.61% last week; and the average for the one-year ARM dipping to 2.63%, from 2.64%.
The two fintechs will increase distribution of a 'pay by bank' option that has picked up steam in recent years as merchants and consumers seek relief from card fees.
The Treasury Department's General Counsel Brian Morrissey resigned his post as controversy grew over a Department of Justice settlement creating a fund to compensate for alleged victims of prosecution by the Biden administration.
Yotta marketed accounts as FDIC-insured and impossible to lose, then moved $28 million of Californians' money to a Synapse arm its own executives didn't trust.
Federal Reserve Gov. Christopher Waller said Tuesday that central bank researchers using Artificial Intelligence must follow security protocols designed to protect sensitive data.
The move comes about a year after rising delinquency levels prompted SBA to raise lender fees and tightened underwriting standards in its flagship 7(a) program.
Select ChatGPT users can now connect their bank accounts to the AI-powered chatbot for personal money management advice based on their financial history.
