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Business

US home prices hit all-time high as sales slow, mortgage rates rise

Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to affordability challenges for prospective homebuyers. Existing home sales fell 2.4% last month from May to a seasonally adjusted annual rate of 4.09 million units, the ...

Kaudy becomes president and CEO of CoVantage CU

ANTIGO, Wis. – Matt Kaudy has taken over as president and CEO of CoVantage Credit Union, succeeding Charlie Zanayed as only the fourth CEO in the cooperative’s 73-year history. Kaudy stepped into the role after Zanayed’s previously announced retirement, concluding a two-year succession ...

Smith joins Stephens Real Estate’s IM office

IRON MOUNTAIN — Frank Smith IV has joined Stephens Real Estate as an agent in its Iron Mountain office. A lifelong Upper Peninsula resident, Smith earned a bachelor’s degree in criminal justice from Michigan State University before graduating from the Michigan State Police 125th Training ...