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COMPAST co-founder and CEO Robert Reffkin opening existing home sales in Claman Countdown.
Contracts to get Homes that have previously possessed In January, the record fell on the record in January as the potential buyers are limited to higher mortgage rates and home prices.
The National Realtors’ Union (Pomegranate) is based on the agreements signed on Thursday, declining by 5.6% last month to 40.6 and is low.
Economists questioned by Reuters, had a forecast contracts for sale in January or two in January-month or two. Home sales are waiting It was 5.2% less than a year ago.
“If the coldest in 25 years contribute to the least recipients in January, and if there is more sales activities in the upcoming months, Nar General Economist Lawrence Wool.” However, it is clear to increase your home prices and higher mortgage loans. “
Mortgage rates are approaching a number of fifth weeks, 7%
Waiting home sales have always fallen down in January, the National Realtors Union report reported. (Joe Raedle / Getty Images / Getty Images)
Mortgage rates In January and Nar, up to 7.04% to 7.04%, the $ 300,000 monthly mortgage payment increased by $ 50-1590 compared to $ 50,000-590. Mortgage prices have decreased slightly in February and decreased by about 6.85%.
The number of contracts signed in the country, midwest, south and west, but in the northeast, has risen slightly in the northeast.
“Even a little decrease in mortgage rates will probably ignite inventory options, increasing income, increased jobs and more.”
Available home sales fall to the lowest level in about 30 years
Home sales waiting in all regions of the country decreased from the northeast. (David Paul Morris / Bloomberg Getty Imager / Getty Images)
Mortgage prices remained at such a high level Federal reserve Cut the comparative interest rate on September with 100 key points.
The Central Bank has since been suspended in January, as the policy, tariffs, tax crossings and mass in January since then, this is the ratio reduction in January Deportations of illegal immigrants It is considered by economists such as potentially wavy inflation.
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Mortgage rates are followed by income in the 10-year treasury note in recent days. But Concerns related to inflation Most likely, it will limit the framework of a decrease, and the inflation expectations of consumers increased over the fears that tariffs will increase the cost of the goods.
Reuters contributed to this report.
