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Unusually Low Mortgage Rates Cause Housing Market Boom

6/14/2005 9:33:32 PM
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CHICAGO - JUNE 14: Tony Schmidt, general manager of the McHenry, Illinois-based company, Sign Up Sign Company, installs a Century 21 'For Sale' sign in front of a home June 14, 2005 in Chicago, Illinois. Unusually low mortgage rates of late have been a boom to the housing market and some real estate companies. (Photo by Tim Boyle/Getty Images)
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CHICAGO - JUNE 14: Tony Schmidt, general manager of the McHenry, Illinois-based company, Sign Up Sign Company, installs a Century 21 'For Sale' sign in front of a home June 14, 2005 in Chicago, Illinois. Unusually low mortgage rates of late have been a boom to the housing market and some real estate companies. (Photo by Tim Boyle/Getty Images)

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