As mortgage rates come down, increased demand for new homes could drive record-high home prices even higher. A "For Sale" sign in front of a home in the Issaquah Highlands area of Issaquah, Washington, on Tuesday, April 16, 2024.
Mandatory Credit: David Ryder/Bloomberg/Getty Images via CNN Newsource
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Mortgage rates are falling. Here’s what you should know before buying a new home
Homebuying in the United States has recently slowed to a crawl, but falling mortgage rates could soon jolt it back to life.
