Reported 1 day ago
Sales of new single-family homes in the US saw a notable increase of 5.9% in November, rebounding from the previous month's downturn due to hurricanes, with an annual rate of 664,000 units reported. While the average interest rate for a 30-year fixed mortgage climbed to 6.72%, concerns persist about the potential impact of rising mortgage rates on future sales.
Source: YAHOO