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March 26, 2005
Higher Mortgage Rates May Cool Home Market
Mortgage rates headed higher.
That's the feeling among industry experts who have marveled over housing's vibrancy — all the way through the 2001 recession as well as the economy's recovery. Powered by low mortgage rates, sales of both new and previously owned homes clocked record highs four years in a row — from 2001 to 2004.
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Posted on March 26, 2005 12:04 AM by Mortga80.
Filed in Mortgage Calculator under mortgage rates.
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