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Thread: Housing Data

  1. #1

    Default Housing Data

    Pending home sales rebounded sharply in October, despite rising mortgage rates

    Signed contracts on existing homes, so-called pending sales, jumped 7.5% from September, according to the National Association of Realtors.

    The average rate on the popular 30-year fixed mortgage was just below 3% in mid-September, but climbed to 3.22% by the end of October, according to Mortgage News Daily.
    https://www.cnbc.com/2021/11/29/pend...age-rates.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.


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  3. #2

    Join Date
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    Default Re: Housing Data

    3.22% for a 30 year, still ridiculously low.

    30 year mortgage rate chart up to the week of November 18.

    gearge.JPG

    https://ycharts.com/indicators/30_year_mortgage_rate

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  5. #3

    Join Date
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    Florida
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    Default Re: Housing Data

    Selfishly, I just need it to all hold up for another 6ish months when I sell my house. If it does, buying this house at this duty station will have been my most profitable investment decision by a long shot.

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