What Rising Mortgage Rates Mean for Banks

My Fool Daily SATURDAY EDITION JUNE 8, 2013 HEADLINE OF THE DAY What Rising Mortgage Rates Mean for Banks According to Freddie Mac, the average rate on a 30-year fixed-rate mortgage increased this week to 3.91%. That's nearly 60 basis points higher than the trough at the end of 2012. What does this mean for banks? Click here to read more. EDITOR'S PICKS Big Brother Is Real, and It's Your Fault By Alex Planes VIDEO: Will Free Checking Accounts Last Forever? By David Hanson Who Took All the Jobs, and 4 Other Important Employment Trends By Morgan Housel LISTEN NOW Motley Fool co-founder David Gardner MOTLEY FOOL MONEY RADIO SHOW Click Here For all the news on the companies you care about, click over to www.MyWatchlist.com. Brought to you by The Motley Fool / fool.com / Follow us:   This is a message from The Motley Fool · 2000 Duke St. · Alexandria, VA 22314 Legal Information · Copyright ©1995-2013 The Motley Fool. All rights reserved. If you no longer wish to receive this email, please unsubscribe now. You may also add, change, or remove any other Motley Fool email subscription.