http://www.mortgagenewsdaily.com/7252008_New_Home_Sales.aspNew home sales fell for the seventh of the past eight months in June, falling by 0.6% to an annual pace of 530k sales. This rate is much higher than consensus expectations due to major revisions in the previous two months, according to the U.S. CensusenCommunityServer 2008 SP2 (Build: 31106.96)http://www.mortgagenewsdaily.com/7252008_New_Home_Sales.asp#13771Fri, 25 Jul 2008 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:13771Rich BardyI have been in mortgage financing for some time now. Housing sales are down. However, i do see everyday I am in my office Loan oficers helping people refinance into fixed rate mortgages through FHA and on the same note many new housing developments starting to break ground. All the negative news makes it to the front page. But, there are some very positive things going on right now, new homes for new families and help out there for those who are in trouble. <div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=13771" width="1" height="1">http://www.mortgagenewsdaily.com/7252008_New_Home_Sales.asp#13770Fri, 25 Jul 2008 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:13770Christopher OhlsenWhile this information is not as bad as analysts expected it to be, it certainly is not good. We are in a real crisis here in this country economically and the housing and mortgage markets are not helping.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=13770" width="1" height="1">