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As housing boom begins to fizzle, weekly mortgage demand falls nearly 7%

Posted by:CPBJ Staff on June 30, 2021

Record high home price appreciation is sidelining ever more buyers and finally taking the bang out of the pandemic-induced housing boom. Weekly mortgage demand is falling along with it, down 6.9% for the week according to the Mortgage Bankers Association’s seasonally adjusted index. That is the lowest level in almost a year and a half.

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David DiGiacomo named CFO of Lititz-based Benecon

Posted by:Garry Lenton on June 30, 2021

David P. DiGiacomo joined Lititz-based Benecon Group LLC as Chief Financial Officer. DiGiacomo was CFO for PetroChoice LLC, the largest distributor of finished oil lubricants and related materials in the United States. Prior to working for PetroChoice, DiGiacomo served as senior vice president of finance for FIS, formerly SunGard, in Philadelphia. He has a bachelor’s ...

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