U.S. New Home Sales Dip 0.6% in September as Mortgage Rates Climb to 7.32%
U.S. New Home Sales Dip 0.6% in September as Mortgage Rates Climb to 7.32% The U.S. housing market experienced a modest cooling in September, with new single-family home sales falling 0.6% according to recent federal data. The slowdown is largely attributed to elevated mortgage rates, with the average 30-year fixed rate ticking upward to 7.32%, … Read more