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General News : June Housing Numbers Fall
on 07/26/2010 (110 reads)

Single-family housing starts fell in June by 0.7% to a seasonally-adjusted annual rate of 454,000. Looking ahead, permits fell 3% in June following big declines in May and June.
On a good note, the average rate on 30-year fixed-rate mortgages fell to 4.75%...the lowest since Freddie Mac begn its survey in 1971.

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