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Author Archives: Steve Banks

Mortgage rates rebound after five straight weeks of declines

Housing cost balance showing a scale weighing a house against coins

Interest rates for mortgage loans broke five straight weeks of declines caused by the bank crisis. This week, the 30-year fixed rate rebounded due to recent data indicating a still-resilient economy, the potential continuity of the Federal Reserve’s tightening monetary policy, and pressures in the secondary market.  “For the first time in over a month, mortgage […]

Posted bySteve BanksApril 20, 2023April 20, 2023Posted inBlog

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