Koustas added that "mortgage rates are now at their highest level since the pre-QE3 spring of 2012, something sure to catch the eye of the Fed."
The KBW Bank Index (I:BKX) was down 1% to close at 60.91, with all 24 index components showing declines.
-- Written by Philip van Doorn in Jupiter, Fla.>Contact by Email. Follow @PhilipvanDoorn
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