Mortgage Rates, Still Low, Bring Rising Sales

The November-December 2019 Market Pulse offers a glimpse at the current state of the housing market.
dog in living room

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The average rate for a 30-year conventional fixed-rate mortgage fell to 3.62% in August, from 3.77% in July. Meanwhile, total existing-home sales rose 1.3% in August to a seasonally adjusted annual rate of 5.49 million.

Supply and Demand chart.

© National Association of REALTORS®

Click the photo above to see NAR's statement on September existing-home sales.

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2019 Q3 Homeownership Opportunities and Market Experience (HOME) Survey