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Owning one’s home loses some appeal

Posted on 10 October 2011

The rate of home ownership in the U.S. fell in the last decade by the largest amount since the Great Depression, although the percentage of Americans who own their home remains the second-highest on record, the Census Bureau said Thursday.
The release coincided with another milestone in the housing sector: Interest rates on 30-year fixed loans fell to 3.94%, falling below 4% for the first time, according to a Freddie Mac survey……………………………………….Full Article: Source


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