Mortgage rate woes undercut June new home sales

by Marian McPherson

Despite ample inventory and more affordable prices, seasonally adjusted new residential sales dropped 6.6 percent annually. Experts attributed the drop to mortgage rates as the primary cause.

Categories

Recent Posts

Beyonce Cowboy Carter Concert @ Allegiant
Beyonce Cowboy Carter Concert @ Allegiant
Dispatch Concert at The Cosmopolitan
Dispatch Concert at The Cosmopolitan
Tech Pulse: Lawmakers press FHFA on crypto for mortgages
Tech Pulse: Lawmakers press FHFA on crypto for mortgages
Hemp spells affordable housing for Native American community
Hemp spells affordable housing for Native American community
Scott, Warren announce bipartisan housing bill markup
Scott, Warren announce bipartisan housing bill markup
Senate Democrats press FHFA on crypto use in mortgages
Senate Democrats press FHFA on crypto use in mortgages
Bright MLS: Housing market shifts toward necessity, balance
Bright MLS: Housing market shifts toward necessity, balance
Nearly two-thirds of seniors are unhappy with Social Security checks
Nearly two-thirds of seniors are unhappy with Social Security checks
Lawmakers voice support for FHFA’s adoption of VantageScore 4.0
Lawmakers voice support for FHFA’s adoption of VantageScore 4.0
Compass, NWMLS trade barbs in new legal filings
Compass, NWMLS trade barbs in new legal filings

Share on Social Media

agent
Team Linda Stewart

Broker Associate | License ID: BS 15753.LLC

+1(702) 596-1351 | linda@teamlindastewart.com

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Linda M Stewart LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.