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Mortgage Applications Drop Off This Week
Despite near annual highs of the 30-year average mortgage rate, home-purchase application activity had been holding steady or even modestly increasing in recent weeks, attributed to the rise in home inventory. That trajectory flipped this week with a dip in mortgage applications as rates hit another record high since last August. The latest Market Composite…
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Home Purchases by Foreign Buyers Decrease Nearly 20%
Foreign buyers purchased $45.3 billion worth of U.S. existing homes from April 2025 through March 2026, a 19% decrease in dollar value of homes purchased and a 14% decrease in number of properties from the previous 12-month period, according to the National Association of Realtors®’s (NAR) 2026 International Transactions in U.S. Residential Real Estate report,…
The post Home Purchases by Foreign Buyers Decrease Nearly 20% appeared first on RISMedia.

