2011-07-15nationalmortgageprofessional.com

``The drop in the homeownership rate from an all-time high of 69.2 percent in 2004 to 66.4 percent in the first quarter of 2011 reflects a decline from unsustainable levels to something closer to historical averages, according to a study from the Mortgage Bankers Association (MBA's) Research Institute for Housing America (RIHA). ''



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