Monday 1 April 2019

Spring home sales to get boost from falling mortgage rates, rising inventory

The national housing market may see its best home-buying season in years. Trends like falling mortgage rates, rising home inventory and slowing home-price growth mean fewer bidding wars and more price cuts for buyers, the Wall Street Journal reports. The average rate on a 30-year mortgage is now just over 4 percent, down from nearly 5 percent last year, the Journal reports. Meanwhile, home-price growth has slowed for 10 consecutive months, rising 4 percent year […]



source https://therealdeal.com/2019/04/01/spring-home-sales-to-get-boost-from-falling-mortgage-rates-rising-inventory/

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