Mortgage rates tumble in the wake of bank failures

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The average rate on the popular 30-year fixed mortgage dropped to 6.57% Monday, according to Mortgage News Daily.

a day ago

While the numbers for February are not in yet, anecdotally, agents and builders have said sales took a big step back in February as rates shot higher. So if rates continue to drop now, buyers could return once again — but that's a big "if." Markets now have to contend with the "inflationary impact of consumer fear," he added, noting that Tuesday brings a fresh consumer price index report, a monthly measure of inflation in the economy.that the latest economic data have come in stronger than expected.

 

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Short bitcoin . If u are making profits right now , take it out

“Bank failures” There was *one* bank failure. And it was caused by greed. Diana, you fraud.

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