Pending home sales decline for 4th consecutive month, as interest rates rise: 'Many people looking for a home have hit a ceiling' - MarketWatch

Fast-rising mortgage rates are straining affordability for a growing number of families, putting homeownership out of reach for some

The numbers: Pending home sales slid 4.1% in February, according to the monthly index released by the National Association of Realtors. The index reflects transactions where the contract has been sig… [+2059 chars]

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