Housing Market Update: Mortgage Rates Drop Below 7%, Providing Much-Needed Relie f for Buyers
Despite pending home sales falling by 4.3% and new listings remaining flat, a recent dip in mortgage rates brings hope for potential homebuyers. This week’s softer-than-expected inflation report caused mortgage rates to dip below 7% for the first time in over five weeks, potentially offering relief in a tough housing market. Key Housing Market Trends … Read more