The WPJ

Orlando

U.S. Pending Home Sales Hit 4-Year Low in April, Down 7.7 Percent

According to the National Association of Realtors, U.S. pending home sales in April 2024 fell 7.7 percent. All four U.S. regions registered month-over-month and year-over-year decreases.

U.S. Mortgage Rates Rise Above 7 Percent, Again

Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.03 percent as of May 30, 2024.

Black Homeownership Rises in America

Based on new data from Zillow, the U.S. homeownership rate for Black households has grown faster than average since 2019, but it's still below the high-water mark reached in 2004, before the Great Recession.

U.S. Mortgage Rates Dip Below 7 Percent, First Time in 5 Weeks

Based on Freddie Mac's latest Primary Mortgage Market Survey for the week ending May 23, 2024, the 30-year fixed-rate mortgage averaged 6.94 percent.

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