Declining mortgage rates have pushed monthly payments down to their lowest level since the start of the year, leading to a modest improvement in demand. But Redfin agents report that many prospective buyers are waiting for rates to drop lower before making a move. The weekly average mortgage rate is sitting at 6.58%, its lowest […] The post Pending Home Sales Rise 2% As Mortgage Rates Sit At Lowest Level in 10 Months appeared first on Redfin Real Estate News.
