Morning Minute: What today’s low mortgage rates mean for homebuyers

Wondering how global events are impacting mortgage rates and, in turn, the housing market? In a recent blog post, National Association of REALTORS® Director of Housing Statistics Danielle Hale lays out the pros and cons of mortgage interest rates that have been driven lower in recent weeks because of global economic changes. Read more.

In other headlines:

Home sales up despite June dip – Champaign News-Gazette

NAR asks Congress to think outside the mortgage credit box – Inman

Illinois agency offers underwater homeowners up to $50,000 in relief – Chicago Tribune

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