Mortgage rates drop in wake of bank failures

• Longer-term uncertainty is expected to keep the cost of buying a home unaffordable for many
• Wall Street Journal: First Republic Bank talking to JPMorgan and Morgan Stanley about a lifeline
• European Central Bank hikes rates half a point
• Credit Suisse’s $54 billion lifeline calms panic
• KFILE: Ron DeSantis blames SVB’s diversity initiatives and federal regulators for crisis



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