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Mortgage News Daily - Normal Seasonal Stall For New Home Sales -MBA
8/11/2016 @ 9:52 AM - TheMortgage Bankers Association is forecasting that new home sales in July were down by 8 percent compared to June. Salesduring the month will surpass those in July 2015 by 2.4 percent, the slowest year-over-yeargrowth thus far in 2016. MBA bases its projectionson its Builder Applications Survey (BAS) which gathers data on mortgageapplications from the mortgage subsidiaries of...
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