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Rates Surprisingly Steady Despite Market Drama; Home Price Gains Break 6 yr Record

Like many industries, housing finance has a superficial layer that’s fairly easy to understand for the average consumer. A person wants a home. They don’t want to pay cash. They get a loan. Lower rates = lower payments. The end. Shortly below that superficial layer of understanding, where a surprisingly high percentage of mortgage professionals […]

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Existing-Home Sales Continue Record Pace, Soar 24.7% in July

Existing-Home Sales Soar 24.7% in July Each of the four major regions attained double-digit, month-over-month increases, with the Northeast and West seeing the greatest sales growth. Media Contact:  Quintin Simmons 202-383-1178

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