New applications along with refinancing for mortgages dropped from a year ago as rates continued to climb.

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What You Should Know About Risks in the Banking Sector
Caleb Silver, editor-in-chief of Investopedia, joined Cheddar News to explain the risks in the banking sector after the recent turmoil with Silicon Valley Bank and the news that Credit Suisse's biggest backer said it wouldn't provide further financial help.
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