homebuying, Consumer Credit, NAR's Existing Home Sales, NAR, analysis, wall street insider,

Despite rock-bottom mortgage rates, homebuying stalled in April. It shows how the housing recovery has left many out in the cold.

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Justin Sullivan/Getty Images Despite rock-bottom mortgage rates, existing home sales fell in April — the 14th straight month of year-over-year declines. But the decline was confined to one half of the market: Homes worth less than $250,000. This may be explained in part by the uneven economic recovery, which has made home-buying a challenge for […]

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