US mortgage rates tumble by the most in 4 months in SVB's wake, MBA says

US mortgage rates tumble by the most in 4 months in SVB's wake, MBA says

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Last week's banking sector turmoil had at least one silver lining for U.S. home buyers: lower mortgage interest rates. Interest rates on the most popular U.S. home loan tumbled by the most in four months last week after the failure of Silicon Valley Bank and emergency measures taken to shore up…

#siliconvalleybank #treasury #mba #joelkan #federalreserve

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