However, I learned that lower mortgage rates have not done much for the housing
for home mortgages are about 10% behind the pace of a year ago, (according to
Mortgage Bankers Association). The rest
of the article cites a few reasons, one being home sales have been hurt by a
lack of inventory. I know this has been
my experience in the Triangle area.
Also, I am happy to report, lending rules continue to be very strict.
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