Mortgage rates drop amid bank closure fears: Freddie Mac

Mortgage rates dropped this week after the closures of Silicon Valley Bank (SVB) and Signature Bank spread fears across the banking sector and raised speculation about the interest rate environment, analysts said. The average rate for a 30-year fixed-rate mortgage decreased to 6.6% for the week…#siliconvalleybank #svb #signaturebank #freddiemac #freddiemacs #samkhater #fha #mba #treasury #joelkan
Source: Reuters: Health - Category: Consumer Health News Source Type: news