Pending home sales fall 4.7 percent

Figure lower than expected as market troubles continue

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Sand castles
Open House: A look at some properties for sale around the country with an ocean view.

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Loan type	Today	+/-	Last week
30-year fixed	4.98%		5.11%
15-year fixed	4.54%		4.71%
30-year fixed jumbo	5.86%		5.94%
5/1 ARM	4.09%		4.25%
7/1 ARM	4.44%		4.45%

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Loan type	Today	+/-	Last week
$30K HELOC	5.20%		5.22%
$30K home equity loan	8.30%		8.32%
$75K home equity loan	8.19%		8.25%
$50K home equity loan	8.16%		8.21%
$50K HELOC	4.93%		4.96%

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Savings type	Today	+/-	Last week
Money market	1.04%		1.04%
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Five-year CD	2.63%		2.61%

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Loan type	Today	+/-	Last week
48-month new car loan	6.81%		7.08%
36-month used car loan	7.21%		7.42%
36-month new car loan	6.69%		6.93%
60-month new car loan	6.86%		7.13%
72-month new car loan	6.26%		.00%

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Card type	Fixed	Variable
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Platinum	10.97%	12.21%
All	12.31%	11.68%

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Foreclosure rates by state
Foreclosure rates tend to be highest in four key states. Click to see the progression for every state since 2005.

updated 10:15 a.m. ET July 8, 2008

WASHINGTON - The National Association of Realtors says pending U.S. home sales dipped in May as the housing market continues to struggle.

The group's seasonally adjusted index of pending sales for existing homes fell 4.7 percent to 84.7 from an upwardly revised April reading of 88.9. The index was 14 percent below year-ago levels.

Wall Street economists surveyed by Thomson/IFR had predicted the index would come in at 87. The index, which sunk to a record low of 83 in March, stood at 98.5 in May 2007.

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