Report
US pending home sales reportedly hit record low amid elevated mortgage rates above 7%
A post citing Reuters says September sales fell 7.3% to 66.0; it puts 30-year mortgage rates at 7.40%.
TLDR
September pending home sales fell 7.3% to 66.0, a record low, according to a post citing Reuters. The post describes a chart showing 30-year mortgage rates at 7.40%, up 121 basis points over the window shown.
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