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Home ownership hits 19-year low

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Mortgage Professional America | 30 Apr 2014, 12:30 AM Agree 0
Home ownership has fallen to its lowest level in nearly two decades as rising prices and mortgage rates strangle demand
  • John | | 30 Apr 2014, 09:26 AM Agree 0
    This is what happens when you bail out banks
  • steve | | 30 Apr 2014, 09:53 AM Agree 0
    This is just one more benifit of the phoney recovery. 20% of american households hane no one employed in them.
  • Geo Loans | | 30 Apr 2014, 10:18 AM Agree 0
    This is what happens when the administration allow BULK SALES to big investors! Cutting out all the Realtors, Loan officers and Title Co's!! If they had allowed all the first time buyers to purchase those homes, we would actually have some POSITIVE GDP! not .1%, really, .1%... give me a break!!
  • Carl | | 30 Apr 2014, 03:33 PM Agree 0
    Currently Congress is working on more legislation that will only make the problem wosre as they apply yet another fix. Intrest rates are expected to increase from to 4% if the latest legislation is passed making homes even less affordable to the average American.
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