Housing Market Tracker: Mortgage rates over 7%
Briefly

Debt-ceiling drama pushed bond yields up last week, taking mortgage rates to a new 2023 high in the middle of the spring home-selling season.Active housing inventory, thankfully, saw some decent growth last week.Purchase application data had a second straight week of declines.Here's a quick rundown of the last week: Active inventory grew 8,914 week to week, even though new listing data is still trending at all-time lows in 2023.
Read at www.housingwire.com
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