Signed contracts to buy US homes slip in July but remain at healthy pace, despite higher rates

  • by: CHRISTOPHER S. RUGABER , Associated Press
  • Updated: August 28, 2013 - 9:45 AM

WASHINGTON — Fewer Americans signed contracts to buy U.S. homes in July, but the level stayed close to a 6 ½-year high. The modest decline suggests higher mortgage rates have yet to sharply slow sales.

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