Average rate on a 30-year mortgage holds steady at lowest level in nearly 10 months
Borrowing costs on 15-year fixed-rate mortgages edged lower.
Real Estate
US home sales rose in July as mortgage rates eased a bit and home prices grew more slowly
Existing home sales rose 2% last month from June, the National Association of Realtors said
Average rate on a 30-year mortgage drops to lowest level since October
This decline gives prospective homebuyers a boost in purchasing power.
