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Location of the territories for the 11 (previously 12) FHLBanks, post-merger of the Seattle and Des Moines banks in 2015. The Federal Home Loan Banks (FHLBanks, or FHLBank System) are 11 U.S. government-sponsored banks that provide liquidity to financial institutions to support housing finance and community investment.
The United States Federal Reserve Statistical Release H.15 is a weekly publication (with daily updates) of the Federal Reserve System of selected market interest rates. [1] Many residential mortgage loans are indexed to the one-year treasury rate published in the H.15 release. [citation needed]
The FOMC left rates unchanged the day after the Bankruptcy of Lehman Brothers. Official Statement: August 5, 2008 2.00% 2.25% 10–1 The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent. Official statement: April 30, 2008 2.00% 2.25% 8–2 The FOMC cut rates by 25 basis points.
Average mortgage rates continue a post-holiday retreat across the board as of Tuesday, December 3, 2024, pulling the 30-year benchmark to an average 6.90%.
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
New data from Freddie Mac shows the benchmark 30-year fixed-rate mortgage trending to its lowest rate in two years as of Friday, September 27, 2024, while daily average rates reported by lenders ...