National industry appointments update - 8/22/2007MortgagePress.comNational mortgage industry positions
• Advectis Inc. has
hired Todd Moncrief as vice president of business
development.
• Chase has appointed
Brian Mingham national accounts divisional manager of its
correspondent lending division.
• Elliott & Company
Appraisers has appointed Crystal Brown assistant client
services director.
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...
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...