US Home Purchase Applications Decline Amid Rising Mortgage Rates
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#fd4fc180 ver:0.84

US home purchase applications decline as mortgage rates rise, posing challenges for buyers. Despite a slight decrease in rates, they remain relatively high, making it difficult for buyers to afford purchases. The shortage of listings in the housing market further exacerbates the affordability issue. However, homebuilders are increasing production and offering incentives to address the inventory shortage. #mortgagerates #housingmarket #affordability...

#newstr #MortgageRates #HomePurchaseApplications #UsEconomy 

 https://here.news/story/fd4fc180?ver=0.84