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U.S. new home sales rise despite higher mortgage rates · PERT Florida Real Estate School

3. and 2007, real mortgage rates started to head up, yet house prices also kept rising. Search the history of over 371 billion web pages on the Internet. New U.S. single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was gaining momentum despite higher prices and rising mortgage rates.

Americans responded to higher mortgage rates by snapping up new homes in February at the fastest pace since July. New-home sales rose 6.1 percent month-over-month to a seasonally adjusted.

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What Happens to Home Sales When Interest Rates Rise?. to go into a frenzy at the thought of interest rates rising. Real estate agents, more prevalent during the initial period of rising interest rates because they want to secure a new home before rates become higher than they can afford.

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Home Sales Predicted to Grow Despite Rising Mortgage Rates The U.S. housing market is expected to grow in 2017 despite small increases in interest rates, experts say.

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The Home Equity Theft reporter: title closing Company Owner Gets 10+ Years In Cash Back Mortgage Scam U.S. new home sales rise despite higher mortgage rates PERT Florida Real Estate School Real estate stocks. a full percentage point higher than it was in May; of course back in May it was near historic lows. The rise in rates put the brakes on.

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