Four weeks of rate increases send the 30-year mortgage to a year-high

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“The FOMC’s decision to hold the federal funds target at its current level, coupled with the three dissents at this meeting, with each of these dissenting members preferring to hike rates now, indicates that the Fed is likely moving into a hiking cycle soon,” Fratantoni told Mortgage Professional America.  “Markets are now expecting they could […]

USD moves higher as employee benefits rise and so do yields.

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The US employment cost data rose by a solid 0.9% for the 2nd quarter in a row. In a world of rising inflation, having wages and benefits advance with inflation is the only hope for consumers. Absent that and the consumer falls further and further behind. The good news is that wages increase size you […]

Consumer Duty three years on – from implementation to maturity – Mortgage Strategy

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As Consumer Duty celebrates its third anniversary, there’s no question that expectations are shifting. The intense focus on implementation that defined the early years of the regulation has given way to a more fundamental question and expectation: can firms demonstrate that they consistently deliver good customer outcomes? The answer depends on how well firms can […]

The Magnificent Seven Dominated the Last Decade. Could MANGOS Lead the Next?

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Nvidia (NVDA +2.93%) is one of three public-market gateways into “MANGOS”, a private-heavy AI group challenging the Magnificent Seven. The video explores how a new group of companies fits into the ecosystem and why gains in the next generation of AI may emerge far beyond traditional megacap technology. Stock prices used were the market prices […]

Crypto Miner’s AI Pivot Encounters NY Data Center Freeze

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A beleaguered Finger Lakes bitcoin miner is betting that artificial intelligence can succeed where crypto can’t. New York’s crackdown on power-hungry data centers could complicate the pivot. Greenidge Generation, the owner of a long-controversial power plant on Seneca Lake, rebranded as Vulcan Infrastructure and Power and is seeking an additional 200 megawatts from the state […]

Russia pounds Kyiv, kills 9 as Ukraine appeals for Patriot interceptors

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Russia pounds Kyiv, kills 9 as Ukraine appeals for Patriot interceptors

Foreign buyers purchase second fewest U.S. homes since 2009

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Foreign buyers purchase second fewest U.S. homes since 2009 – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media, advertising […]

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

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YSA Investments, an entity controlled by a former arms dealer and the inspiration for the 2016 film War Dogs, Efraim Diveroli, filed for Chapter 11 bankruptcy in Delaware in the middle of a multistate fight over control of a more than 25-property portfolio.  The bankruptcy claim effectively freezes litigation happening in Texas and other states while […]

XPENG Announces Vehicle Delivery Results for July 2026

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GUANGZHOU, China, Aug. 1, 2026 /PRNewswire/ — XPeng Inc. (“XPENG” or the “Company,”NYSE: XPEV and HKEX: 9868), a leading global Physical AI company, today announced its vehicle delivery results for July 2026. XPENG delivered 38,027 vehicles in July, marking an increase of 4% year over year. As of July 31, 2026, the Company’s cumulative deliveries […]

Treasury Yields Snapshot: July 31, 2026

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The yield on the 10-year note finished July 31, 2026 at 4.75% while the 2-year note ended at 4.28%. The chart below overlays the daily performance of several Treasury bonds, starting from the pre-recession equity market peaks, along with the Federal Funds Rate (FFR) since 2007. This next table shows the highs and lows of […]