More Americans signed contracts to buy homes in May, defying stubbornly high mortgage rates that previously threatened to stall the housing market. Pending home sales ticked up 3.8% from April, marking a 4.8% increase compared to the same time last year, according to data released Wednesday by the N ational Association of REALTORS® (NAR). The unexpected […] Buyers Shrug Off High Mortgage Rates As Pending Home Sales Leap In May ...read more read less