The National Association of Realtors® said today that existing home sales sustained their recent momentum into April and rose 1.7 percent compared to March.

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Mortgage rates have not moved any higher but have not moved any lower either.

Mortgage rates remain unchanged

No change in application volume overall and purchases continue to decline.

Rates remained low yesterday continuing the improvement we had in July

Refinance applications have gone up while purchases have gone down.

MBA reported a net drop in its seasonally adjusted Purchase Index of 1.4 percent from the week ended June 26 while its Refinance Index increased 6.5 percent.

The National Association of Realtors said today that sales of existing homes in May were at the highest rate in nearly six years and April sales, originally reported down by more than 3 percent

Nice not to be moving any higher in rate, it would be nicer to see a stronger push toward lower rates.