30-year fixed mortgage
US new home sales slump to six-month low in May
Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand.
Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand.
Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.