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Despite rock-bottom mortgage rates, homebuying stalled in April. It shows how the housing recovery has left many out in the cold.
Home-buying is still a challenge for a large slice of American consumers and could put limits on the housing sector's growth potential.
Home sales continue to get whacked, falling to a 3-year low, and an increase in mortgage delinquencies is looming
The housing market got more bad news this week, as existing-home sales fell again in January, hitting a three-year low.