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The interest rates on 30-year fixed-rate mortgages averaged 6.95% in mid-December — double the rate paid by homeowners just two years ago, according to Freddie Mac.
The Consumer Financial Protection Bureau proposed a rule to rein in excessive overdraft fees charged by the nation's biggest financial institutions.
Last year was Goldman’s weakest year for investment banking revenue in a decade.
CEO Larry Fink and President Rob Kapito stated the industry’s rapid change, citing "new technologies are poised to transform our industry.” Read more.
According to Freddie Mac, the interest rates on 30-year fixed-rate mortgages averaged 6.95% in mid-December — double the rate paid by homeowners just two years ago.