Can mortgage rates survive hawkish Fed talk during inflation week?
With EPS 2026, the pension system for organized sector employees is reformed for transparency and efficiency. It mandates a 36-month wait for withdrawal benefits, enforces a 20-day claim processing deadline, and supports higher pensions, while preserving existing benefits for current members.
A Brooklyn Heights townhouse just nabbed the borough’s priciest sale so far this year. The home at 192 Columbia Heights traded in an off-market deal for $24.5 million, according to public records. The closing price surpassed the year’s previous top sale, a penthouse at Fortis Property Group’s Olympia Dumbo, which sold for $16.3 million in…
Nearly 60 per cent of the foreign money that flowed into India-focused equity funds during the 2023-24 investment rally has now been withdrawn as global investors continue to shift capital towards artificial intelligence (AI)-linked opportunities, according to an Elara Capital research report. The report said India-focused funds attracted nearly USD 20 billion between March 2023…
Afin Bank has launched a regulated bridging proposition offering lending of up to 80% loan-to-value (LTV) gross. The new proposition is being led by John Smith, who has been promoted to head of bridging at Afin Bank as part of the launch. In addition to offering higher LTVs, Afin’s bridging product will roll up interest…
Ali sees Heartwood well positioned to help brokers and borrowers manage that shift, with the company’s status as a non-B20 lender giving it the ability to work in the B and B-minus mortgage spaces as well as the mortgage investment corporation (MIC) sector when it comes to underwriting philosophies. “We want to be able to…
Last week, structural concerns at the Pfizer Building in Midtown Manhattan forced the evacuation of nine buildings and the shutdown of several city streets. The incident occurred at 235 East 42nd St., the former global headquarters of pharmaceutical giant Pfizer, where the developer MetroLoft is in the midst of transforming the office building into a 1,600-unit luxury…