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“Purchase applications dipped…as higher mortgage rates caused many buyers to pause their purchase decisions…(and) eliminated much of the benefit to refinance for many borrowers,” said Joel Kan, MBA’s vice president and deputy chief economist. ...
Recent lawsuits involving the two companies have attracted the attention of 19 leading consumer groups, who asked state law enforcement leaders to investigate private listing and lead-diversion practices....
“In some markets, builders report that increased immigration enforcement is discouraging legal workers from reporting to job sites,” said NAHB Chairman Bill Owens....
Equity-rich homes also down, but both measures “remain healthier than they were prior to 2020,” said ATTOM CEO Rob Barber....