The numbers: U.S. pending home sales rebounded in September but remain near a record low as high mortgage rates and low inventory continue to hurt the real-estate sector.…
Read more U.S. pending home sales stay near record low despite modest pickup in SeptemberU.S. mortgage rates increased for the fifth week in a row, with the 30-year reaching the highest level since 2001. The 30-year fixed-rate mortgage averaged 7.23% as of…
Read more Mortgage rates reach highest level since 2001 and are likely to go higher, Freddie Mac saysThe numbers: Home sales inched up for the first time in four months, even as the U.S. housing market continues to deal with a dearth of listings. Pending…
Read more ‘The housing recession is over,’ real-estate group says, as pending home sales tick up for the first time in 4 months
