Mortgage Rates & The Credit Crunch On Home Sales
b'Potential buyers are in watch and see mode, according to Dolly Lenz Real Estate. Dolly Lenz and Jenny Lenz track home sales trends. They talk about the Pending Home Sales Index which was released March 29th. They go over headwinds for the real estate market which include mortgage rates volatility, lack of supply, and expected credit tightening. They note that a volatile spring selling season likely. They then mention the impact of mortgage rates and the credit crunch on home sales. Tune in to find out more about the stock market today.'