Improving affordability helped spur more contract activity, but mortgage rates have been moving higher lately.
Home contract cancellations dipped to 7.2% in February as buyers in low-inventory metros like New York City showed exceptional resolve.
It may look like an attractive option: renting a home until you have enough money to buy it. But there are traps everywhere.
Home contract signings rose more than expected in August, a sign that lower mortgage rates may be pushing some buyers and sellers back into the market. The Pending Home Sales Index rose 4% in August ...
Home contract signings jumped 1.9% in October from a month earlier, the latest evidence that lower mortgage rates helped bring more buyers back into the market despite the government shutdown. Pending ...