FILE - A "sold" is posted outside a single family home in a residential neighborhood, in Glenside, Pa., Wednesday, Aug. 4, 2021. Sales of previously occupied U.S. homes slowed for the fifth consecutive month in June 2022 as higher mortgage rates and rising prices kept many home hunters on the sidelines. The National Association of Realtors said Wednesday, July 20, that existing home sales fell 5.4% last month from May to a seasonally adjusted annual rate of 5.12 million. (AP Photo/Matt Rourke, File)

One-on-One with Mortgage Expert, Debbie Bloyd

According to an existing home sales report, home sales dropped to 5.4 percent in June compared to May and is down 14.2 percent form a year ago as economists expect a broader recession to hit the US. Mortgage expert, Debbie Bloyd joined OAN’s Alicia Summers to discuss the falling home sales