According to the National Association of Realtors, pending home sales fell 4.4% in April from the prior month. Economists in MarketWatch’s survey had forecast a 1% rise in these contract signings for previously owned homes where the sale has not yet closed.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
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