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Mortgage payments took a larger chunk of families’ income in August (access required)

Mortgage payments took a larger chunk of families’ income in August <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Rising sales prices and interest rates for mortgages made the purchase of a single-family home more expensive in August 2013, according to new research from the National Association of Realtors.

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