News

VIRGINIA -- The 30-year fixed-rate mortgage averaged 5.94% with an average 0.6 point for the week ending Oct. 9, down from last week when it averaged 6.10 percent, according to Freddie Mac's Primary Mortgage Market Survey. Last year at this time, the 30-year fixed-rate mortgage averaged 6.40 percent.

CHICAGO -- There continues to be a gap in financial services particularly with checking accounts and Hispanics and investments with African-Americans, according to a Synovate survey.

MADISON, Wis.--The Credit Union Executives Society hopes to give credit unions more insight to Web 2.0.

MADISON, Wis.--The Credit Union Executives Society hopes to give credit unions more insight to Web 2.0.

SAN FRANCISCO -- The nation's financial meltdown has apparently struck another victim, the U.S.-launched social lending venture of Zopa started a year ago with six participating credit unions as an innovative way to reach the youth market.

RANCHO CUCAMONGA, Calif. -- It's not exactly unexpected but still the "find a credit union" Web sites have shown a whopping 60% increase for successful public searches during September, the California/Nevada Credit Union League said Friday.