The tougher standards for mortgage lending – a result from Dodd-Frank – combined with rising mortgage rates has made it difficult for many buyers to get loans. This has lead to more all-cash deals on home buying. RealtyBiz tells says recently data released by RealtyTrac shows that 40% of home sales in July 2013 were made “all cash,” without a loan. This compares with 35% in June, and 31% in July last year. ##

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