Home Ownewship This High?

Maria Gilmore Maria.Gilmore at gte.net
Thu Oct 22 17:12:38 PDT 1998


This story came across the AP wire today:

(Washington) Lowering mortgage rates has done wonders for the real estate industry. The government says the percentage of American families who own their own homes hit a record high this summer. The federal housing department says the home ownership rate was at nearly 67 percent from the July to September quarter.

Seriously? Can anyone tell me about this?



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