Freddie Mac forecasts mortgage lending to rise this year and next, due to combined low mortgage interest rates and slowing home price.
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Mortgage rates rise as home sales fall in Sioux Falls. – Home sales in the city of sioux falls dropped 7.6 percent in February as inventory continued to tighten. New listings dropped 2.1 percent, according to the Realtor Association of the Sioux Empire Inc.
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Wilde, the home buyer in Sioux Falls, says he will wait patiently, content that he locked in a low mortgage rate when he. When mortgages hit the roof – Marketplace – It’s become more expensive to borrow money for a house or condo. The average 30-year fixed-rate mortgage has climbed to 4.9 percent – the.