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WASHINGTON--Recommendations to lower costs for mortgage borrowers without Congressional action are the focus of a joint letter from America’s Credit Unions and other financial services organizations.

ALEXANDRIA, Va. — NCUA on Thursday proposed a rule that would allow federal credit unions to reimburse volunteer board members for dependent care expenses, aiming to ease the burden of rising childcare and eldercare costs while preserving long-standing limits on board compensation.

WASHINGTON —A coalition of credit union and banking groups Thursday sent a joint letter to members of Congress strongly opposing the Credit Card Competition Act and any expansion of the Durbin amendment.

WASHINGTON--The U.S. Supreme Court heard oral arguments in Trump v. Cook Wednesday, a lawsuit to determine whether Federal Reserve Governor Lisa Cook can remain in her position while the lower courts determine if President Donald Trump’s August 2025 removal was “for cause.” 

MCLEAN, Va.--The 30-year fixed-rate mortgage remained low this past week, averaging 6.09%, Freddie Mac reported.