Mortgage Rates Just Tumbled-but Here's Why That's Still Bad for the Housing Market
Briefly

Design by Realtor.com/ Graph courtesy of Freddie Mac / Getty Images (2) Mortgage rates have skyrocketed this year, scaring many would-be homebuyers and sellers out of the market.But even when rates seesaw lower, as they did this week, it still takes a toll on the housing market.Why?Because when financial conditions are so erratic and unsettled, many would rather wait it out.
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