Why Buyers Are Racing to Close on Existing Homes » Mortgage Masters Group

Why Buyers Are Racing to Close on Existing Homes » Mortgage Masters Group

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Sales of U.S. existing homes rose. to the median projection in a Bloomberg News survey. The median price fell 2.4 percent from a year earlier. The lowest mortgage rates on record and cheaper homes.

As the year draws to a close, homes are continuing to fly off the market as buyers race to close before mortgage rates go up after years of historic lows.

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