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Lower prices boost new US home sales
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Mortgage rates inched higher over the last week, delivering yet another blow to a lackluster spring housing market.
So what would it take to close the nation’s affordability gap? 39% price cuts, 2.4% mortgages, or 62% pay hikes. Or a mix of ...
The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for ...
Despite the brief retreat in mortgage rates and increased supply, existing home sales dropped to a 7-month low in April, ...
Mortgage rates are inching back toward 7%, highlighting the ongoing strain on US home buyers. The average rate on a standard, 30-year fixed mortgage was 6.86% in the week ending May 22, the highest ...
Experts fear that the move, though it could help the government's budget woes, could disrupt the fragile U.S. mortgage market ...
The 30-year fixed-rate mortgage rate is now projected to end 2025 at 6.1% and decline further to 5.8% by the end of 2026.
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