2004 home sales could beat record '03 - 2004-02-10
Freddie Mac, the biggest U.S. mortgage financier after Fannie Mae, indicated home sales this year might surpass the record set in 2003, helped by rising employment and low interest rates.
Housing sales will benefit as slow inflation keeps the rate for a 30-year fixed mortgage at an average of 5.75 percent, below the 5.8 percent average in 2003, Nothaft said.
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