Real State

Home sales drop amid high rates, low supply

Sales of previously owned homes fell in June as higher mortgage rates and a shortage of available properties frustrated buyers. Elevated mortgage rates are making home purchases less affordable, keeping…
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Average 30-year mortgage rate falls to 6.67%

Mortgage rates declined again this week following the Federal Reserve‘s recent pause on monetary tightening. However, rates on home loans remain at elevated levels compared to last year and that pause…
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