Across the US, sales of "existing homes" (previously owned single-family houses, townhouses, condos, and co-ops) in June dropped 2.2% from June last year, to a seasonally-adjusted annual rate of 5.27.

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For example, if you're obtaining a $200,000 mortgage and have a FICO score of 750, you can expect to pay $138,324 in interest over the term.

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