News Formal

Report: Utah housing market stays cool in June; new listings down 30%

  • 📰 KSLcom
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Higher mortgage rates are not only making homes less affordable for buyers but they're also resulting in fewer homes on the market.

SANDY — Higher mortgage rates are not only making homes less affordable for buyers, they're also resulting in"New listings are at a record low for this time of year as existing homeowners hold onto their low mortgage rates and delay selling and subsequently buying," according to the Utah Association of Realtors.

The average rate for a 30-year mortgage was 6.81% as of July 27, according to Freddie Mac's Primary Mortgage Market Survey. A year ago, the rate for a 30-year home loan averaged 5.3%. Kirkham described the Utah housing market as "delicate" with sellers still wanting top dollar, while buyers want affordability.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 549. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Dow futures just higher; major tech earnings, jobs report in focus By Investing.com*DOW FUTURES INCH HIGHER TO START THE WEEK; MAJOR TECH EARNINGS, JOBS REPORT IN FOCUS $DIA $SPY $QQQ 🇺🇸🇺🇸
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »