Is 'stale' housing inventory keeping buyers off the market?

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 65 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 63%

Mortgage Rates Nachrichten

Housing Market,Freddie Mac

Mortgage rates have fallen amid a sluggish housing market for four consecutive months. Rates are at their lowest since April: the average 30-year fixed...

Mortgage rates have fallen amid a sluggish housing market for four consecutive months. Rates are at their lowest since April: the average 30-year fixed mortgage rate ticked down to 6.86%, according to Freddie Mac data. Homeowners are staying put in their homes, while potential buyers are challenged with affordability hurdles.

So many homeowners are still enjoying those lower mortgage rates and staying put in their home while potential buyers are really challenged with these affordability hurdles right now in the housing market and this has impacted housing activity if we look at pending home sales, that a leading indicator to the housing sector that fell 2.1% in May.

That's according to the National Assoc Association of Realtors and on a yearly basis, pending transactions are still down 6.6%.It sounds like the same themes d need to play out demand.They said 60% of the listings, the active listings of homes that are out there are stale, meaning that people are not really interested in the homes that are really out there.

A look inside Jackie Kennedy Onassis' luxurious homes, from sprawling estates to full-floor apartments Since she was young, Jackie Kennedy Onassis lived in some of the grandest houses in the US, including New York apartments and East Coast mansions.Here's why I believe that despite its past successes, Aritzia is a TSX stock investors should avoid. The post 1 TSX Stock I Wouldn’t Touch With a 10-Foot Pole appeared first on The Motley Fool Canada.High-quality REITs can give you high-yielding dividends monthly to earn a good passive income.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 47. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Online mortgage lender Nesto acquires mortgage finance company CMLS GroupMONTREAL — Online mortgage lender Nesto says it has acquired mortgage finance company CMLS Group.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »

Online mortgage lender Nesto acquires mortgage finance company CMLS GroupOnline mortgage lender Nesto says it has acquired mortgage finance company CMLS Group.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »

Mortgage rates slip, AI stocks in focus: Yahoo FinanceThe Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) are slipping as Wall Street reacts to the latest economic data. Initial jobless claims came in at...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »