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Loan Modification

: The Truth About Mortgage.com

New Housing Construction Hits Record Low

By scot184

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New construction of residential property hit a record low last month, denting belief that a housing recovery was in the works, the Commerce Department said today. Building permits, which represent new units authorized to be built, fell 3.3 percent to a record low seasonally adjusted annual rate of 494,000 units in April. Housing starts, which are the [...]

Full post as published by The Truth About Mortgage.com on May 19, 2009 (boomark / email).

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