Chase Mortgage Group

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Last week, analysts got all excited about a viable "bottom" in the US housing. This was credit, trust it or not, to last Tuesday's Standard & Poor's/Case-Shiller statement. Despite screening that home prices dropped a record 15.4% during the next section, it naked that the rank of distinct-family home penalty declines slowed from May to June. "Once again, frank estate sell watchers have pounced on a crumb of seemingly activist reports to proclaim that the long required 'floor' is in.

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