Home Purchases Fell Through At The Highest Rate In Nearly A Year In August
Nationwide, nearly 60,000 home-purchase agreements were canceled in August, equal to 15.7 percent of homes that went under contract
Nationwide, nearly 60,000 home-purchase agreements were canceled in August, equal to 15.7 percent of homes that went under contract
The cancellation rate is up slightly from the top of the year
High mortgage rates appear to be taking their toll as 60,000 home-purchase agreements fell through in June
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