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WASHINGTON–In what won’t be a surprise to anyone in credit unions shopping for a car or to credit unions that make auto loans, new car prices are up 12.6% from a year ago and used car prices are up 16.1%, according to new government data.

WASHINGTON–The average rate on a 30-year fixed-rate mortgage rose to 5.78%, the highest level since November 2008 and significantly above the 3.11% average at year-end 2011, according to Freddie Mac. recorded near the end of last year. Last week, Freddie Mac reported an average mortgage rate of 5.23%.

ARLINGTON, Va.—While it said it continues to support the long-term reauthorization and continued modernization of the National Flood Insurance Program (NFIP), NAFCU is also raising concerns premiums may be raised too quickly, according to a letter the trade group sent to the Senate Banking Committee.

ST. PETERSBURG, Fla.–PSCU said it has completed the acquisition of Juniper Payments, LLC  from PITECO S.p.A. and its two principal owners, who will continue with the company under PSCU.