US Mortgage Delinquencies Improve to Lowest Level Since 2005 Amid High Rates
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#fd4fc180 ver:0.83

US mortgage delinquencies reach lowest level since 2005 as rates improve, but remain high. Homebuyers face challenges due to high rates and shortage of listings. However, homebuilders are increasing production. Mortgage applications rise with lower rates, but purchase activity remains low. Fed closely monitoring labor market, may consider rate cut if weakening occurs. Despite higher rates, it's still a good time to buy with historically low rates and improving economy. Freddie Mac expects limited home sales growth due to higher rates and limited inventory. Fannie Mae anticipates modest slowdown in housing activity. Serious mortgage delinquencies at lowest level since 2005. #mortgage #housingmarket #interestrates #economy...

#newstr #MortgageDelinquencies #IntercontinentalExchange #HousingMarket 

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