Home Sales Plunge To Crisis Levels As Trump Era Mortgage Shock Strikes Again

Home Sales Plunge To Crisis Levels As Trump Era Mortgage Shock Strikes Again

The U.S. housing market is facing a seismic shift, with mortgage rates soaring back to 7 percent, a level many had hoped was a thing of the past. This dramatic increase is driving pending home sales down to their lowest levels in nearly 12 years, a clear signal that buyer confidence is eroding. According to a report from Bloomberg, September saw pending home sales decrease … Continue reading Home Sales Plunge To Crisis Levels As Trump Era Mortgage Shock Strikes Again