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Home Sales May Fall, Durable Orders Rise: U.S. Economy Preview

Story date: 2007-10-21 07:52:00
Added on: 2007-10-21 10:00:21


Bloomberg - The real-estate recession will worsen as stricter lending rules and higher mortgage rates make it ... Mortgage lending will tumble this year to $2.3 trillion, the lowest since 2000, as the ``credit shock'' restricts lending, the Mortgage Bankers ...


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