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Posted By altnrg 1 year ago in News
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Apparently it's not all doom and gloom in the housing market this holiday season. The Mortgage Bankers Association registered a 37 percent increase in applications for house loans and a 39 percent increase in home purchases using FHA mortgages; as reported by Kenneth R.Harney of RealtyTimes.com. Not only were applications for refinancing pouring in, but also applications for new purchases. In a market that has been stagnant for months, this is big news.

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    GehlLady1 year ago

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    Yay!! Great news!

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      earthlingerer1 year ago

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      Yes, the increase in sales of $1,000,000 homes is a very large sigh...

      I meant sign.

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        GehlLady1 year ago

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        Any sign of increase is welcome news, even if still it's all doom and gloom in the news.

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        orndorffter1 year ago

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        Maybe things are turning our way for once, and people can be happy onced again, just knowing that they have a home for their family and may also be able to spend their Holidays in it. great news.

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          ETproductions1 year ago

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          Wow. It's about time for some good news.

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            credit-rewards1 year ago

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            Who say's we are on a "financial crisis"? more people are even buying new homes! what a good news.

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              earthlingerer1 year ago

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              Maybe the sales at the end of the year of these $1,000,000 homes are people actually buying smaller because they can't afford their $2,000,000 homes.

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              JeryBox1 year ago

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              Really good news! :)
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              .

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