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December 24, 2005
New Homes Sales Fall 11.3% In November
Musings on the direction of mortgage rates and new home sales after a disappointing November report on new home sales.
While the Fed has recently hinted that it may soon change its stance regarding interest rates to a more neutral posture, there appears to be at least a quarter to half percentage point upward adjustment left. Expect new homes sales to continue to soften in 2006; the $64,000 question is by how much?
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Posted on December 24, 2005 08:40 AM by Mortga80.
Filed in Mortgage Calculator under mortgage rates.
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