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WASHINGTON - Home sales will hit a five-year low this year, as wary lenders cut back on loans for many borrowers, a trade group for real-estate agents said Wednesday. The National Association of Realtors’ revised forecast calls for existing home sales of 6.04 million in 2007, down 6.8 percent from last year. The forecast was 1 percent lower, or 70,000 fewer homes, than July’s prediction of 6.11 million. This year’s sales would be the lowest since 2002, when sales hit 5.63 million. Last year’s sales were 6.48 million. More…