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New home sales slid in June. The decline is not a reflection of slower housing demand, but more related to homebuilders putting up fewer homes.
The mortgage market was buffeted by a number of changes in 2013 and 2014. Among them were higher fees at the FHA.
The homeownership rate fell to 64.8 percent in the second quarter. It marks the lowest ownership rate in nearly 20 years.
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Discover how Samuel S. Thorpe's grand tour was suddenly cut short in 1914, and his biggest adventure that summer would be returning home.
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