sales mortgage rates news

Mortgage rates fall again, but home sales still lag

Mortgage rates fell again this week with the benchmark 30-year note marching closer to 6%, but the market remains stalled as potential buyers and sellers wait for steeper declines.

Investopedia on MSN · 16h

Home Sales Fell In August Despite Lower Mortgage Rates, More Inventory

Key Takeaways Home sales fell 2.5% in August from July, and remained near historically low levels.Falling mortgage rates and increasing numbers of homes for sale have yet to break the housing market free from gridlock.

CNN on MSN · 16h

Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut

Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month. But much more housing demand will likely be unleashed onto the market after the Federal Reserve finally cut interest rates this week for the first time in four years — and signaled more rate cuts by year’s end.

17h

Cheaper rates don’t get house hunters buying. US sales at 10-month low

A lack of inventory had been a notable headwind, with many would-be sellers unwilling to put their homes on the market and ...

13h

Housing market struggles continue despite lower interest rates for a mortgage

The housing market’s struggles continued last month as sales dipped in August with higher mortgage rates and expensive asking prices holding down the level of completed sales.

ABC News1d

Sales of previously occupied US homes hit slowest annual pace in nearly a year last month despite falling mortgage rates

Sales of previously occupied US homes hit slowest annual pace in nearly a year last month despite falling mortgage ...

14h

US existing-home sales slide to lowest level since October

Home sales were disappointing again in August, but the recent development of lower mortgage rates coupled with increasing ...

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