U.S. Pending Home Sales Fell Further in July, but Mortgage Rates Show Signs of Stabilizing

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U.S. pending home sales fell 1% in July amid economic uncertainty and higher mortgage rates, but activity increased from June, when sales were down 8.6%, Realtor.com reports. The latest decline marks the eighth time pending home sales have fallen in the last nine months, but as mortgage rates show signs of stabilizing, buyers could soon…
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