Mortgage applications wither in July 4th heat wave
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September ICE NY cocoa (CCU26) today is up +39 (+0.68%), and September ICE London cocoa #7 (CAU26) is up +27 (+0.64%). Cocoa prices extended their sharp three-week-long rally today, posting 6-month highs. Cocoa prices have rallied sharply over the past three weeks as heavy rains in the Ivory Coast and Ghana have flooded roads, cutting…
The shares of Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Power crashed up to 8% on Monday after the respective Q1 updates from the recently listed companies failed to impress Dalal Street bulls. Vedanta Aluminium Metal shares, however, gained over 1% on Monday morning. The four companies that were spun out of…
by Calculated Risk on 1/07/2026 07:00:00 AM From the MBA: MMortgage Applications Decreased Over a Two-Week Period in Latest MBA Weekly Survey Mortgage applications decreased 9.7 percent from two weeks earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 2, 2026. The results include an…
According to the report, the approach lowers annual debt payments by about 10% to 20% compared with conventional commercial mortgages. Total interest costs may be higher over the life of the loan, but lower annual payments improve cash flow and make more retrofit projects financially viable. The authors say the target market is purpose-built rental,…
The Securities and Exchange Commission and the Commodity Futures Trading Commission today issued a joint request for public comment on potential approaches to further harmonize regulatory frameworks applicable to portfolio margining across securities, security-based swaps, futures, swaps, and related positions. The request for comment is intended to assist the agencies in evaluating whether greater coordination…
Bonds weathered the 3-day weekend without issue. We started the day modestly stronger, but have moved back closer to unchanged levels in the first 2 hours. The day’s only big-ticket (or semi-big-ticket?) econ data was the ISM Services index, but admittedly, that has more of an impact when it’s released BEFORE the jobs report. Moreover,…