Weekly Mortgage Rates Fall, But Existing Home Sales Sag

SFGate.com/NerdWallet, May 23, 2024-Holden Lewis,
In what should be a reassuring display of good timing, mortgage rates fell for the third week in a row — right at the start of homebuying season.

But mortgage rates are still too high for the comfort of many would-be buyers. That seems to be why home sales stumbled in April, and they might not be much better in May.
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