America’s housing market was showing growing signs of distress as home sales plunged toward decade-old lows, foreclosures climbed and soaring mortgage rates squeezed buyers and homeowners alike. Pending home sales fell 4% in September, their steepest monthly decline in more than three years, as borrowing costs surged above 7%, according...
America’s housing market was showing growing signs of distress as home sales plunged toward decade-old lows, foreclosures climbed and soaring mortgage rates squeezed buyers and homeowners alike. Pending home sales fell 4% in September, their steepest monthly decline in more than three years, as borrowing costs surged above 7%, according…
