Bidding Wars Fall To Lowest Level Of Pandemic As Mortgage Rates Inch Up

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Only 44.6 percent of offers written by Redfin agents in August faced competition, the lowest rate since April of 2020, according to new data released Friday.

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 Register here. Bidding wars have dropped to their lowest rate since the beginning of the coronavirus pandemic as mortgage rates continued to rise on Friday, according to a new report.

Just 44.6 percent of offers written by Redfin agents in August faced competition, the lowest rate since April […].



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