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Existing Home Sales Plunge on TRID Issues: Realtors

2015-12-23 14:14:17| Real Estate - Topix.net

Existing-home sales plummeted in November confirming fears in the mortgage industry that a new consumer disclosure rule is delaying mortgage closings. Existing home sales fell 10.5% in November from a month earlier, to a seasonally adjusted annual rate of 4.76 million homes, the National Association of Realtors said Tuesday.

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