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mortgage demandCNBC
•Business
Business & Economics
73% Informative
Rate on the 30-year fixed mortgage crossed 7% , hitting its highest level since April 11 .
Pending sales of existing homes in April , counted by signed contracts, dropped 3.2% compared to April of last year .
Homebuilder sentiment is now at the lowest level since the end of 2023 .
VR Score
84
Informative language
92
Neutral language
8
Article tone
formal
Language
English
Language complexity
45
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
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no external sources
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