Navy Credit Federal Union

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New home sales fall further than anticipated to 6.9%

Mar 14, 2019By

New home sales cooled off in January, according to the latest report from the Census Bureau and the Department of Housing and Urban Development. However, Navy Federal Credit Union Corporate Economist Robert Frick said with mortgage rates retreating, prices moderating and some improvement in supply on the way, 2019 may develop into a much better home hunting ground.