Data paints gloomy picture for US housing
Story date: 2007-10-02 04:28:00
Added on: 2007-10-02 17:00:17
News.com.au - With price declines accelerating, real mortgage rates are very high; the downside from here is still substantial." Notably, more than 10 per cent of sales contracts fell through late in the process, largely due to borrower trouble securing credit ...
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