Falling mortgage rates may already be lifting home prices

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Home prices are high but there’s hope for home buyers. Falling rates should make homeownership more affordable as the Fed seeks to cut rates in 2019.

Mortgage rates have been falling steadily since late April, and that may be reigniting home price appreciation. The lower the rate, the more.

Mortgage rates have been falling steadily since the last week of April, and that may be reigniting home price appreciation. The median price of a home sold in May rose 3.6% compared with a year ago,

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“While the industrial and trade related economic data continues to dominate the news, the drop in mortgage rates over the last two months is already. home sales, which is a proxy on future housing.

"Policy easing and an associated lift in sentiment looks. views – estimates that with interest rates already very low, a percentage point drop in the expected long-term real mortgage rate would.

Fixed U.S. mortgage rates fell again to new. Cheap mortgages have provided a lift to the long-suffering housing market. Sales of new and previously occupied homes are up from the same time last.

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