Some homebuyers are backing out of deals as a slowing housing market gives them more room to negotiate. Others are being forced to renege on contracts because higher mortgage rates mean some homes are no longer affordable. Nationwide, roughly 60,000 home-purchase agreements fell through in June, equal to 14.9% of homes that went under contract … Continue reading The Deal Is Off: Home Sales Are Getting Canceled at the Highest Rate Since the Start of the Pandemic