U.S. Existing-Home Sales Fell 7.2% in February
Sales of previously owned homes declined in February as rising mortgage-interest rates and a shortage of homes for sale made it difficult for buyers to compete.Existing-home sales fell 7.2%…
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Mortgage Refinancing
Mortgage Rates Hit Highest Levels Since Spring 2020
U.S. mortgage rates this week rose to their highest levels since May 2020, driving up the costs associated with home buying at a time when home-sales prices are already near record highs.The…
Mortgage-Refinancing Costs Expected to Fall as Fannie, Freddie Drop Fee
WASHINGTON—The cost of refinancing government-backed home loans is expected to fall as mortgage giants
Fannie Mae
and…