With rates sky-high, mortgages drag down banks' earnings

T1Covered by 1 source · first reported by American Banker (headlines) at 15 Oct, 21:03 UTC

High mortgage rates aren't just a problem for homebuyers. As the loans grew more expensive, many banks reported that mortgages were a drag on their third-quarter financial performance.

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Sources

• T1With rates sky-high, mortgages drag down banks' earningsAmerican Banker (headlines)15 Oct, 21:03