Existing home sales show year-over-year growth again
Existing home sales have shown year-over-year growth for two consecutive months, as mortgage rates have remained below 6.64%.
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Have lower mortgage rates already changed the housing market?
This weekend's tracker focuses on how lower mortgage rates have changed the supply and demand data lines since mid-June.
Read MoreMortgage rates go wild following Fed rate cut and Powell remarks
Mortgage rates rose 15 basis points today following Fed Chair Jerome Powell's comments at the Fed press event Wednesday.
Read MoreDisappointing housing permits show why we need 6% mortgage rates
We are approaching lower levels of housing permits than we saw during the COVID-19 recession. Homebuilders need lower rates.
Read MoreHomebuyers strained by costs, confused about mortgage market
One third of respondents said high mortgage rates are the nation’s biggest economic problem, and 75% said current rates are abnormally high.
Read MoreMortgage rates hit a new yearly low before the Fed meets
Mortgage rates dropped to a new yearly low, reaching 6.25% Monday morning, following disappointing manufacturing data from the New York Fed.
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