Government And Institutions

Average US 30-Year Loan Rate Rises to 3.93%

Average U.S. long-term mortgage rates edged higher this week after four weeks of declines, but they remained at historically low levels that could entice potential homebuyers.

$1.1T Spending Bill Weakens Dodd-Frank, Cuts Pensions

A huge, $1.1 trillion spending bill funding every corner of government faces its first test in the House, where conservatives are unhappy because it fails to challenge President Barack Obama's immigration policy and many Democrats are displeased because it weakens the 2010 Dodd-Frank regulation of risky financial instruments.