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price: Home Prices are Favoring Buyers In Most Areas - Part 2 - 05/19/07 09:18 PM
The National Realty News has an interesting article written on May 15, 2007. Below is Part 2.
According to Freddie Mac, the national average commitment rate on a 30-year conventional fixed-rate mortgage was 6.22 percent in the first quarter, down from 6.25 percent in the fourth quarter; the rate was 6.24 percent in the first quarter of 2006. Last week, Freddie Mac reported the 30-year fixed rate dropped to 6.15 percent.
The biggest total annual sales increase was in Wyoming, where existing-home sales rose 19.9 percent from the first quarter of 2006. In the District of Columbia, the first-quarter resale pace rose … (0 comments)

 

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