Instant Reaction: Mortgage Rates, November 30, 2023

It seems clear mortgage interest rates have hit a peak in late October and are now headed south. Mortgage interest rates dropped again to 7.22% from 7.29% last week. That drop from the recent October 26 peak of 7.79% translates into a $ 125-a-month savings on a $400,000 mortgage, which is significan

Pending Home Sales Fell 1.5% in October

Key Highlights Pending home sales decreased last month, down 1.5% from September. Month over month, contract signings intensified in the Northeast but diminished in the Midwest, South and West. Pending home sales dropped in all four U.S. regions compared to one year ago. WASHINGTON (November 30, 202

Consumer Financial Literacy

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