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National Mortgage Professional

Jun 14, 2006

National industry appointments update - 06/21/2006MortgagePress.comMortgage industry positions - U.S. Bank has named Lisa Glover director of community development and fair lending. - Bill Scott joins Lendia Inc. as vice president of operations. - Harbourton Mortgage Investment Corporation has appointed Chris Greer mid-Atlantic regional sales manager and Glenn Sudeck Northeast regional sales manager.

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Jun 14, 2006

Analysis and Data

Existing-Home Sales Fell Again In July

Median house price was $403,800, up nearly 11% YOY, but down from June.

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...

Analysis and Data

Mortgage Rates Dip Slightly

Home purchase demand expected to drag through the end of the year.

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...