Pending home sales over the past four weeks were down nearly 8 percent compared to the same time last year as mortgage rates ticked up slightly and harsh winter weather delayed homebuying, according to a new report from Redfin. The fall in pending sales marked the largest decline since October, Redfin found. This comes as the daily average 30-year fixed mortgage rate is ticking back up toward 7 percent, after falling in recent months. Mortgage rates, which have climbed over the past two years alongside interest rates, reached a two-decade high of 8 percent in late October before beginning to decline. However, daily average mortgage rates saw their biggest one-day jump in over a yea
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