National foreclosures decrease 16 percent in Q2

Nov 19, 2006

National industry appointments update - 11/30/2006MortgagePress.comMortgage industry positions - ComplianceEase has promoted David Girling to president and CEO. - Lendia Inc. has hired Alex Wu as a Java developer. - New Century Financial Corporation's retail lending subsidiary Home123 Corporation has hired Ralph P. Melbourne as senior vice president, Retail Consumer Direct Division.

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Nov 19, 2006

Analysis and Data

Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. “The 30-year fixed-rate mortgage surpassed 7% for the first time this year, jumping from...

Analysis and Data

Existing Home Sales Decline By 4.3% In March

Northeast the only region to see an uptick in sales over prior month, per a new report from the National Association of Realtors

Fewer people bought homes this March than the month before and during March 2023, a new report from the National Association of Realtors (NAR) reveals. Total existing-home sales receded 4.3% from February to a seasonally adjusted annual rate of 4.19 million in March. Year...