New Home Sales Tumble In March, Despite Plunging Mortgage Rates

Mar 24th 2020 10:09am EDT

New Home Sales Tumble In March, Despite Plunging Mortgage Rates It seems the collapse in the stock market and overall global sentiment in the last few weeks has overwhelmed any ‘value’ seen from leveraging lower mortgage rates. New Home Sales plunged 4.4% MoM (from an upwardly-revised 10.5% MoM surge in February) Source: Bloomberg Based on […]

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