M/I, Meritage team up to fund $7.6M bridge to growth in a Texas town
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Lenders trim rates again as competition heats up: Moneyfacts – Mortgage Finance Gazette
Lenders continued cutting fixed rates this week as competition intensified, according to the latest Moneyfacts rate watch. The average two-year fixed rate is now 5.46%, down from 5.51% last week. The typical five-year fixed rate is also currently 5.51%, a reduction from 5.48% one week ago. The mortgage type to see the largest average rate…
Will the new Labour leader remove the pension triple lock?
Keir Starmer vowed not to touch the triple lock, a system that promises to increase the state pension each April by either the rate of inflation, average earnings growth or 2.5% – whichever is highest. The triple lock guarantee saw over 12 million pensions receive a state pension boost in April, as it increased by…
Wheat Sees Gains on Tuesday
The wheat complex found late session strength on Tuesday. Chicago SRW contracts were 3 ¼ to 7 ¼ cents in the green on the day. KC HRW futures were 1 ¼ to 4 ¾ cents higher at the close. MPLS spring wheat was up 1 ¼ to 4 ½ cents in most contracts, as nearby…
This Vanguard ETF Would Have Quadrupled Your Money Over the Last Decade. History Says Now Is a Smart Time to Invest. (It’s Likely to Outperform SpaceX, Too.)
We’re all looking for solid investments for our portfolios, right? It’s easy to focus on big-name high-flying stocks, such as Nvidia or Micron Technology. But there’s also some risk there, as many highfliers end up overvalued and poised to fall extra-hard in a market pullback. (And a market pullback is far from unlikely these days.)…
The San Francisco-based banking giant remains on track to hit its $50 billion spread income target for all of 2026, CEO Charlie Scharf told analysts.
Key insight: Strong credit-quality trends are expected to continue in the second half of the year, according to Wells Fargo Chief Financial Officer Mike Santomassimo. Supporting data: Net interest income of $12.3 billion prompted CEO Charlie Scharf to reiterate the bank’s full-year 2026 guidance of $50 billion. Expert quote: “Consumer trends and resilience have been…
UK Big Box logistics take-up beats five-year average
Avison Young reports resilient UK logistics market despite subdued investment volumes. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post UK Big Box logistics take-up beats five-year…
