Pending home sales are down and new listings are flat during a time of year when they typically rise. But this week’s softer-than-expected inflation report sent mortgage rates down, which could bring back some homebuyers and sellers. Pending home sales fell 4.3% from a year earlier during the four weeks ending May 12, the biggest … Continue reading Housing Market Update: Mortgages Rates Dip Below 7% For First Time in 5 Weeks, Giving Buyers Some Much-Needed Relief
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