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Mortgage rates just hit the "undo" button. Already this year rates have reversed almost all of the increases that they saw in 2018. This has led to an increase in buying power for home shoppers, which.
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Added Kan, “Slowing home-price growth, combined with stronger wage gains and lower mortgage rates, is translating to improving affordability conditions for spring buyers.” MBA estimates new.
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Home shoppers signed 1.5% fewer contracts to buy existing homes in April compared with March, according to the National.
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