July pending home sales reverse course, falling 2.5% despite low mortgage rates

July pending home sales reverse course, falling 2.5% despite low mortgage rates

 

This weaker-than-expected result came after two months of sales gains and may be a sign of just how sensitive today’s borrowers are to even the smallest moves in mortgage rates.

#mariesellsdallas #homesales #realestate #realestatemarket #FriscoRealEstateAgent

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