Home Buyers Face Real Estate's Cruel Game of Hot Potato
Key Points
- New home sales rose 7.4% in March, but mortgage rates quickl...
Ever wished mortgage rates would play nice? Well, grab your calculator and a stress ball because the housing market is serving up another round of financial gymnastics that'll make your wallet do backflips.
Powell's Playground: Where Dreams Meet Dollar Signs
New home sales shot up 7.4% in March, hitting 724,000 units annually - the highest since September 2024. Buyers briefly celebrated as mortgage rates teased them with a drop to 6.65% in March, only to watch rates bounce back to 6.83% faster than you can say "approved for pre-qualification."
The Great American Housing Seesaw
The Fede...
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