Friday, September 18, 2020

What the Fed's Extended Low Rate Means for Mortgages

What the Fed's Extended Low Rate Means for Mortgages: The Federal Reserve voted Wednesday to leave its benchmark lending rate—what banks charge one another for short-term borrowing—unchanged and near zero.
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NAR Pending Home Sales Report Shows 5.4% Decrease in June

NAR Pending Home Sales Report Shows 5.4% Decrease in June : Pending home sales fell 5.4% in June 2026 and were down 0.3% from a year ago, as...