US existing home sales rise in July, ending downward trend …C0NTINUE READING HERE >>>
Sales of US existing homes ticked up 1.3 percent in July.
Photo: Patrick T. Fallon / AFP/File
Source: AFP
Sales of previously owned homes in the United States edged up in July, industry data showed on Thursday, breaking a four-month trend of declines.
Homebuyers in the world’s biggest economy have been grappling with a surge in mortgage rates after the US central bank rapidly lifted the benchmark lending rate in 2022.
But the popular 30-year fixed-rate mortgage ticked down slightly in…
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