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Mortgage bankers betting on 2012 for recovery (access required)

by Becky Hurley

Published: October 28,2010

Time posted: 9:10 am

Tags: home sales, mortgage banker's association, recovery

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The Mortgage Bankers Association forecasts that home sales will rise slightly in 2011 but won't really gather momentum until 2012. The industry group’s latest report released this week predicts existing-home sales -- forecast to be about 8 percent lower this year than last, are expected to grow by less than 2 percent next year before rebounding ...





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