Previously (ETSLTOTL) owned U.S. home sales declined for the third consecutive month in November to the lowest level of the year as rising mortgage rates and a limited supply of properties discouraged buyers.
Facebook's headquarters during the company's 2012 initial public offering. Zef Nikolla/Facebook, via European Pressphoto Agency Facebook's headquarters during the company's 2012 initial public offering.
U.S. stocks edged lower one day after the Federal Reserve's pledge to keep its easy-money support in place for the long haul spurred a global rally.
Mortgage rates rose a bit this week following positive news on home building, with Freddie Mac saying lenders were offering a 30-year fixed-rate loan at an average of 4.47%, up from 4.42% last week.
WASHINGTON (Reuters) - Home resales hit a near one-year low in November and new filings for unemployment benefits unexpectedly rose last week, putting a wrinkle in an otherwise brightening economic picture.