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Existing Home Sales Dip as Mortgage Rates Spike, House Prices Hit Record High

Published: April 20, 2022

Sales of previously-owned homes in the United States fell in March as mortgage rates climbed to a 12-year high, leading mortgage refinance demand to plunge by an annual 68 percent while house prices hit a new record.

Source: theepochtimes.com

Related Topics:

New YorkUnited StatesWhite PlainsJoel KanRoy Peter ClarkTom OzimekLawrence YunRubeela FarooqiCommerce DepartmentNational Association Of RealtorsMortgage Bankers AssociationNational AssociationTighter MonetaryVice PresidentIndustry ForecastingHigh Frequency EconomicsExisting Home SalesMortgage RatesThe Epoch Times