Builder incentives resuscitate new-home sales in June

Euroclear tapped HSBC yesterday (Tuesday) to supply the pricing, conversion and liquidity behind an automated FX service embedded in securities settlement. AutoFX will initially support more than 30 currencies and is due in early 2027, the companies said. Cross-border investors must secure the currency needed to settle a purchase within a shorter post-trade window once…

While tax-exempt ratios have cheapened somewhat, September typically has been a “challenging month” for munis, though last year was an exception, said Barclays strategists led by Mikhail Foux. Supply remains elevated this week as the technical environment becomes more challenging. Processing Content Issuance is estimated at $17 billion this week, with five states issuing over…

Fixed mortgage rates dropped for a consecutive month, citing the biggest monthly reductions since October 2024, Moneyfacts data reveals. The latest figures show that the average two- and five-year fixed rates fell by 0.16% and 0.11% respectively, with both reaching 5.52%, their lowest points since the start of March 2026. The downward trend edges the…

Zia apartments in Anaheim, California MBK Rental Living sold its 2-year-old Zia apartment complex in Anaheim, California, the company announced Friday. The buyer was Boston-based TA Realty, which paid $147.5M for the property, according to The Registry SoCal. MBK’s release did not name the buyer or a sale price. TA Realty declined a request for…

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Rendering of Las Vegas Brightline West station.Brightline West Brightline Florida’s expected restructuring may chill investor enthusiasm for its West Coast sister project as Brightline West tries to assemble a $21 billion financing package for what aims to be the country’s first electric high-speed train. Processing Content With the same corporate parent, some cross pollination between…