MSCI Q2 2026 slides: record ETF growth drives 18.5% EPS gain
MSCI Q2 2026 slides: record ETF growth drives 18.5% EPS gain
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As Stock Portfolios Soar, First-Time Homebuyers Face a Down Payment Dilemma
If you’ve been sitting on the sidelines waiting for the right moment to buy your first home, you’re certainly not alone. With mortgage rates at a standstill in the mid-6% range, many first-time homebuyers are using this time to build their down payment savings. If this sounds like you, you’ve likely noticed a silver lining…
Loandepot, West Capital Lending to argue LO Comp Rule suit
A federal judge will soon weigh whether a lender can sue a competitor for violating the Loan Officer Compensation Rule and allegedly harming its business. Processing Content Loandepot and West Capital Lending will argue the former’s motion to dismiss in a hearing next week, in the latter’s lawsuit which it filed earlier this year. WestCap…
Munis quieter as market braces for a week of heavy supply
Munis were little changed on Friday, as U.S. Treasuries cheapened and equities ended higher. Processing Content UST yields cheapened by three to four basis points. August’s ample issuance may in fact be record-setting, according to J.P. Morgan analysts led by Peter DeGroot. With one more week’s data, J.P. Morgan now projects a total August tax-exempt…
Housing starts surge on rebound in multifamily construction
Housing starts in the US surged in June after a sharp drop a month earlier, driven by a rebound in apartment construction. Processing Content New residential construction increased 19% last month to an annualized rate of 1.43 million, the highest since March, government data released Friday showed. That topped all estimates in a Bloomberg survey…
One million people in line for a tax top-up from HMRC
Around a million workers are being urged to look out for letters landing on their doorstep in the next few weeks telling them they’re entitled to money from the government. HMRC is kickstarting a campaign this month to offer top-ups to people who didn’t receive pension tax relief because of the way their workplace pension…
Mortgage repayments are main concern for homeowners amid risk of negative equity
Higher mortgage repayments are the biggest concern for UK homeowners in the current housing market, according to a survey by Boon Brokers, with 33% naming this as their main worry. The survey of 1,000 mortgage holders found that 24% were most concerned about entering negative equity, while 14% cited falling property values. The findings…
