Alabama industry appointments update - 5/15/2006

Sales of existing homes fell nearly 6% in July, the sixth straight-monthly decline, with all four U.S. regions recording fewer sales, the National Association of Realtors said today. Total existing-home sales — completed transactions that include single-family homes, townho...

Freddie Mac’s weekly Primary Mortgage Market Survey report released Thursday shows that fixed mortgage rates averaged 5.13%, leading to an expectation that purchase demand will likely continue to drag over the rest of the year and home price growth will decelerate.  “Inflat...