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Home Prices Hit Record as Sales Slide. They’re Not Unrelated.
Barrons.com· 12 hours agoOver 90% of homeowners with mortgages have rates below 7%, ICE Mortgage Technology data show. The...
Home Prices Reach Record High as Sales Fall
Investopedia· 7 hours agoThe NAR reported existing home sales dropped 0.7% in May from April to an annualized rate of 4.11 million, the lowest level since January. NAR Chief...
Mortgage rates fall to their lowest level in almost three months
CNN Business via Yahoo Finance· 1 day agoEconomists don’t expect the average mortgage rate to fall below 6% this year. Homebuilding...
US existing home sales fall as prices hit record
KPVI· 11 hours agoSales of previously owned homes fell by 0.7 percent from a month earlier to a seasonally adjusted annual rate of 4.11 million, the National Association...
Home Sales Fell Less Than Expected in May
The Wall Street Journal· 12 hours agoSales of previously owned homes fell for a third straight month, as mortgage rates of around 7% have made home purchases unaffordable for many. Spring is...
Mortgage rates fall to their lowest level in almost three months | CNN Business
CNN.com· 1 day agoMortgage rates fell this week to their lowest level since early April, taking some pressure off...
US existing home sales fall as prices hit record
Digital Journal· 10 hours agoSales of previously owned homes fell by 0.7 percent from a month earlier to a seasonally adjusted annual rate of 4.11 million, the National Association...
Mortgage rates drop to a two-month low: Here’s how much a buyer would need to put down to afford...
Market Watch· 1 day agoSeparate data from Mortgage News Daily said that the 30-year fixed-rate mortgage was averaging 7.02%...
Home prices hit record high in May as sales stall
CNBC· 13 hours agoSales of previously owned homes are sitting at a 30-year low and didn't move much in May as prices hit a new record and mortgage rates remain high. This...
Mortgage rates for June 19, 2024: Rates trending higher
USA Today· 3 days agoRates are averaging 6.63% for 15-year fixed mortgages and 7.39% for jumbo mortgages. The average ...