IPFS News Link • Housing
New Home Sales Collapse 13.4% In July
• breitbart.comA rise in interest rates has also resulted in a decrease in mortgage applications.
This isn't the only bad news coming out of July. Only 162,000 jobs were created during the entire month–most of them part-time.
Thursday, jobless claims rose by 13,000 over the previous week to 336,000.