Vacation-Home Mortgages Tick Up For First Time Since Pandemic Boom

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Mortgages for second homes rose 4% year over year in 2025, the first annual increase in four years. That’s compared with a 1% increase for primary homes. Still, second-home mortgages account for just 3% of all home loans.  Second-home purchases are rising because affluent buyers are fairly active in today’s housing market; additionally, demand dropped […]

Another Slightly Stronger Start

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Once again, bond yields dropped in the overnight session in concert with lower oil prices. Today’s iteration is less swift than yesterday’s, but after last week’s sell-off, we’ll take any green we can get. Econ data is light and inconsequential. The 7yr Treasury auction is typically not a source of drama. That leaves focus on […]

Velera Empowers Credit Unions to Detect and Block Fraud Instantly

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Velera has launched a fully integrated risk mitigation solution designed to enable credit unions to detect and respond to potential fraud events in near-real time. The new Risk Alert Manager puts credit unions fully in control of their fraud response by unifying data from all cardholder interactions, the credit union service organization said in a […]

Major Rule Changes From August 1: Tatkal Booking, ITR Penalty, LPG Prices, and More You Need to Know

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Personal Finance Published: Tuesday, July 28, 2026, 18:48 [IST] As the new month begins, major changes are going to kick in, which include revised Tatkal ticket booking procedures and penalties for missing the Income Tax Return (ITR) deadline to the monthly revision in LPG cylinder prices and the rollout of Aadhaar-linked CKYC 2.0; these changes […]

Las Vegas home prices post largest drop in the nation

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Among the largest U.S. cities, Las Vegas saw the biggest drop in home prices, while Chicago saw the biggest increase.

Sekisui House U.S. CEO David Viger on bringing Japan-inspired resiliency to U.S. homes

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Sekisui House U.S. CEO David Viger on bringing Japan-inspired resiliency to U.S. homes Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 35 seconds ago Latest

Warsh and Peace: Iran tensions, bond market complicate Fed outlook

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Key insight: The Federal Reserve’s preferred economic indicators in recent weeks support the central bank keeping interest rates unchanged, while certain real-time data suggest a rate hike to tamp down inflation might be in order. Expert quote: “My suspicion is the chair will find it in his own best interest to describe the committee’s reaction […]

New York Top Real Estate Deals: Monday, July 27

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There were 208 transactions totaling $323 million filed in New York City records from 4 p.m. on Friday, July 24, until 4 p.m. on Monday, July 27. 🏆Commercial: The biggest commercial sale to hit records was in South Williamsburg, where two adjacent, four-story mixed-use properties at 235 and 237 Kent Avenue traded for $16.4 million. […]

Oil prices decline further after Trump claims ‘deep talks’ are underway with Iran

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Brent crude and West Texas Intermediate’s front-month contracts fell again as the U.S. and Iran continue to pause fighting.

FHFA urged to balance flexibility, oversight in Duty to Serve rule

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A proposed Federal Housing Finance Agency (FHFA) overhaul of its Duty to Serve (DTS) regulation drew its final industry comments Friday, with lenders, bankers and community advocates expressing caution as a public comment period ended. The comments broadly support preserving the program’s mission while urging the FHFA to maintain accountability, transparency and measurable outcomes as […]