Intel: Grotesque Valuation

Purchase applications fell 7% from the previous week and slipped 2% below the same week one year ago. Buyers continue to face a market defined by high home prices and a persistent shortage of affordable listings. As mortgage rates keep the US housing market subdued through 2026, those conditions have shown little sign of easing…

GB Bank has appointed Asim Shirwani to lead a new bridging team at the bank. Shirwani will take on a market-facing position focused on growing the bank’s bridging business, while also helping to support the wider lending proposition. He brings nearly 20 years of experience across both bank and non-bank lending. He worked with…

Mortgage rates could be climbing back above 7% shortly, as gains in the 10-year Treasury yield pushed one data point close to this level. Processing Content On Thursday morning, the 10-year Treasury yield, which earlier in the week had been flirting with the 4.6% mark, zoomed past this to break 4.7%. The story behind the…

Pepper Money has cut mortgage rates across its residential range, including shared ownership Right to Buy and Help to Buy pricing. The lender said significant cuts had also been made to its two-year fixes.  Following the reductions, its residential rates up to 75% loan to value (LTV) now start from 5.3%, and shared ownership…

If at first Prologis doesn’t succeed, it tries, tries, tries … and tries one last time.  Prologis’ San Francisco headquarters on the Pier The San Francisco-based industrial giant made what it described as a firm final preliminary offer to buy U.K.-based industrial developer Segro for more than $18.7B (£14B) on Wednesday, a $500M increase from…

The common perception of elite level, world class boxers is that they ooze confidence. While confidence is important, there is a clear line between being confident and reckless. When I was trading punches under the bright lights in fights around the world, there were moments where my mind would release a surge of confidence. That…