Home purchase activity fell despite easing rates, with borrowing costs still prohibitively high for many prospective buyers.
US mortgage rates declined for a third consecutive week, but home purchase activity also fell. Borrowing costs remain prohibitively high for many prospective buyers.
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2 Sources, first seen ago
@CNBCMortgage rates drop for the third straight week, but homebuyers are still leaving the market https://www.cnbc.com/2026/11/04/mortgage-rates-dropped-homebuyers-still-leaving.html?taid=6aeb21c10e205000018a9a97&utm_campaign=trueanthem&utm_content=main&utm_medium=social&utm_source=twitter
@businessUS mortgage rates fell for a third straight week, though a decline in purchase activity showed borrowing costs remain prohibitively high for many prospective buyers. https://www.bloomberg.com/news/articles/2026-11-04/us-mortgage-rates-retreat-for-third-week-while-holding-above-7?taid=6aeb72b18c7f590001b445c5&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter@CNBCMortgage rates drop for the third straight week, but homebuyers are still leaving the market https://www.cnbc.com/2026/11/04/mortgage-rates-dropped-homebuyers-still-leaving.html?taid=6aeb21c10e205000018a9a97&utm_campaign=trueanthem&utm_content=main&utm_medium=social&utm_source=twitter@businessUS mortgage rates fell for a third straight week, though a decline in purchase activity showed borrowing costs remain prohibitively high for many prospective buyers. https://www.bloomberg.com/news/articles/2026-11-04/us-mortgage-rates-retreat-for-third-week-while-holding-above-7?taid=6aeb72b18c7f590001b445c5&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter—
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