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WASHINGTON (AP) – U.S. home sales jumped 2.5% in May, as lower mortgage rates appeared to help buyers overcome affordability.
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solid wage growth and low mortgage rates. While there has been a material weakness in manufacturing and consistent trade.
LGI Homes has opened for sales in Freeman Ranch, a large-scale Katy development. Mortgage rates have flatlined around a two-year low, bringing monthly mortgage payments down, according to data from.
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“A strong economy and eight-plus years of home price growth have made mortgage. “While the nation continues to post.
Unlike previous housing cycles, lower mortgage rates are not expected to meaningfully boost home sales, nor will they significantly boost new home construction, fitch ratings forecasts. For now, lower.
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Mortgage interest rates have fallen for the sixth consecutive week, which means homebuyers may enjoy lower monthly payments over the life of.