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Re: Pending Sales of U.S. Existing Homes Drop by Most in Three Years

By: killthecat in FFFT | Recommend this post (0)
Mon, 28 Oct 13 7:26 PM | 37 view(s)
Boardmark this board | Food For Further Thought 		Msg. 57074 of 65535
(This msg. is a reply to 57073 by clo)
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Figures!

Mortgage rates reached a two-year high in August and remained elevated in September. But they have fallen in the past month, which could help boost contract signings in October. The average rate for a 30-year mortgage was 4.13 percent last week, according to mortgage buyer Freddie Mac.

Home prices, meanwhile, jumped 12.4 percent in August compared with a year earlier, according to real estate data provider CoreLogic. That's near the fastest pace in seven years.


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The above is a reply to the following message:
Pending Sales of U.S. Existing Homes Drop by Most in Three Years
By: clo in FFFT
Mon, 28 Oct 13 7:15 PM 		Msg. 57073 of 65535

Pending Sales of U.S. Existing Homes Drop by Most in Three Years

Oct 28, 2013 10:03 AM EDT

Visit Bloomberg.com for the latest updates.


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