U.S. Pending Home Sales Fell Further in July, but Mortgage Rates Show Signs of Stabilizing

U.S. pending home sales fell 1% in July amid economic uncertainty and higher mortgage rates, but activity increased from June, when sales were down 8.6%, Realtor.com reports. The latest decline marks the eighth time pending home sales have fallen in the last nine months, but as mortgage rates show signs of stabilizing, buyers could soon…
Read More