North Carolina industry appointments update - 6/13/2007

National Mortgage Professional

Jun 12, 2007

Nevada industry appointments update - 6/13/2007MortgagePress.comNevada mortgage industry positions • IndyMac Bank's mortgage bank has hired Patrick Groghan and Harrison Wood as business development managers for the wholesale lending division's Las Vegas region.

Link copied

Published

Jun 12, 2007

Analysis and Data

Construction Spending Dips 0.1% In May, 1st Decline In 8 Months

Overall residential construction, however, ticked up 0.2% in May from April, and was 18.7% above the estimate for May 2021.

Construction spending in May slipped 0.1% from a month earlier, the first decline since September 2021. According to data released Friday by the Commerce Department, construction spending was estimated at a seasonally adjusted annual rate of $1.78 trillion, down from the re...

Analysis and Data

Power Shifting To Buyers As Asking Prices Fall

Redfin says a record-high share of home sellers dropped their prices after this month’s historic mortgage-rate hike.

With mortgage rates continuing to rise, home sellers are reducing their asking prices, as they face the mounting pressure of falling home affordability, according to a new report from Redfin. The technology-powered real estate brokerage says the median asking price of newly...