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Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
Read full article: Home sellers are lowering their price and helping buyers to make a deal in a stagnant marketA stagnant housing market hampered by surging mortgage rates, years of soaring home prices and an economy undercut by rising inflation has many sellers stuck in limbo as homes go months without an offer.
US mortgage rates brush 7%, weighing on buyers, sellers and further straining a bleak housing market
Read full article: US mortgage rates brush 7%, weighing on buyers, sellers and further straining a bleak housing marketMortgage rates climbed for the fourth week in a row, driving the average long-term U.S. home loan rate to just below 7%, its highest level in over 19 months.