Share of New Home Sales with Conventional Financing Rises in Third Quarter

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NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that mortgages backed by the FHA made up 16.3% (27,000) of total sales (177,000), 2.5 percentage points higher than Q3 2018 (35,000). The FHA share has averaged 17.9% since the end of the Great Recession. Conventional loans accounted for 69.9% of… Read More ›

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