Real Estate & Home

Homebuyers and Sellers Both Grow Cautious as Mortgage Rates Tick Higher

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Rising mortgage rates and economic uncertainty have caused a slowdown in the U.S. housing market during the spring season, with new listings down 2.5% year over year and purchase applications dropping by 4%. This cautious approach matters to developers and tech professionals as it signals a cooling trend that could impact real estate technology investments and consumer-facing apps reliant on robust housing activity.

Read the full article at Realtor.com Blog

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