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Mortgage Rates Drop As U.S. Bank Failures Compress Bond Yields

Por: Forbes Business March 16, 2023

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The failures of Silicon Valley Bank and Signature Bank rattled markets, compressed bond yields, and ... [+] sent mortgage rates lower. Photographer: David Paul Morris/Bloomberg© 2023 Bloomberg Finance LP Two U.S. bank failures sent Wall Street investors scurrying for the perceived safety of the bonds markets this week, providing the real estate industry with an unexpected boon on the brink of its busiest season: the lowest mortgage rates in... + full article



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