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New Brunswick, Canada · New Brunswick(NEXSTAR) — Those waiting for the housing market to cool have seen modest signs of improvement in recent weeks, but a new report suggests it could take even longer before we see a “normal” market again. In late August, the average rate on a 30-year U.S. mortgage dropped to 6.56%, its lowest level in 10 months. Still, that’s up from the 6.35% average rate a year ago. Meanwhile, home sales have been sluggish, with some sellers even taking their li…See the Story
Will the Housing Market Return to 'Normal' Anytime Soon? New Report Explains
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