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Yahoo Finance

First-time homebuyers hold off on purchases amid 'slim' pickings, high mortgage rates

Yahoo Finance
Summary
Nutrition label

79% Informative

Sales in the existing-home market slumped to the lowest level since 2010 during the month of September .

The housing market has persistently stayed out of reach for many first -time homebuyers.

Mortgage rates have recently been rising as traders reassess their expectations on how aggressively the Fed will cut interest rates.

VR Score

83

Informative language

84

Neutral language

21

Article tone

informal

Language

English

Language complexity

37

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links