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Texas metros see largest improvement in affordability as 30-year-fixed mortgage rates hover near 6%
Impact of Fed rate cut on mortgage rates not yet tangible
August sales dip, but analysts eye year-end comeback with lower rates and rising supply
Redfin reported sales of existing homes fell 3.1% year over year in August; Fannie Mae's September 2024 commentary anticipates the annual pace to be the slowest since 1995
Redfin says home prices continue to rise in part because of low housing supply.
Mortgage-rate locks on second-home mortgages fell 13.1% from last year in August
