 6-10 money news at 10 and 40. House hunting has cooled off in the D.C. region. According to data analyzed by Axios, new listings for homes in our area were up more than 7% as of May, but pending home sales were down 20%, closed sales were down 10.5%. Experts say mortgage rates are primarily to blame and buyers need to see rates drop before making a move. Last month, the Fed signaled that only one interest rate cut is coming this year.