There were two important releases on the US housing market today. One is the widely followed Existing Home Sales report from the NAR and the other is a lesser known but more in depth report from the online real estate brokerage Redfin.com. The Wall Street Journal reported that “Existing-Home Sales Fall for Second Straight Month,” referring to…
The post Falling Mortgage Rates Increase Buyer Subsidy But Don’t Stimulate Sales was originally published at The Wall Street Examiner. Follow the money!