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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: biometricgngboy who wrote (12805)8/21/2003 9:07:59 AM
From: biometricgngboyRead Replies (1) | Respond to of 306849
 
New US homes hit 17-year high

bday.co.za

excerpt:

" [but the] MBA trimmed its forecast for new mortgages this year by 200 billion dollars, or six%, to 3.2 trillion dollars.

The expectation for 2004 was slashed by 400 billion dollars, or 21%, to 1.5 trillion dollars. The association blamed an expected slump in demand for refinancing mortgages.
"