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Mortgage Originations Projected to Decline in 2027
The Mortgage Bankers Association (MBA) announced at its 2026 Annual Convention and Expo that single-family mortgage origination volume is anticipated to decline by 5%, reaching just under $2 trillion in 2027, compared to the $2.1 trillion projected for 2026. Purchase originations are projected to rise by 0.8% to $1.42 trillion in the coming year, while…
Average handout from Bank of Mum and Dad is £11,000 – Mortgage Strategy
Buyers who get help from the Bank of Mum and Dad are receiving an average of £11,241, new research from Spring has found. The savings provider says that only around one in seven adults receive a financial contribution from their parents to get onto the ladder, but those who do are benefiting from significant sums..A…
City Council Passes Anti-Harassment Bill
A City Council bill passed yesterday makes permanent a program requiring some distressed building owners to certify that they aren’t harassing tenants before they can go forward with certain renovations or demolition. The Certification of No Harassment pilot, first put into place in 2018 and extended four years later through Sept. 27 of this year,…
Sonder Brand Relaunches As an AI Travel Site With Curated Rentals
Sonder is back. Sort of. TravelAI, a Canadian AI travel company, announced Monday it purchased the Sonder brand and relaunched Sonder.com. The deal did not include Sonder properties or its operating business. Sonder, which operated boutique hotels and short-term rentals, filed for bankruptcy and shuttered its operations in November after hotel giant Marriott International abruptly…
SK Hynix falls amid Asia tech rout, tracking U.S. semiconductor losses
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images Asian semiconductor stocks tumbled Thursday, as a sell-off in U.S. chipmakers spilled into the region, with SK Hynix continuing to see massive volatility since its U.S. listing last week. Shares of…
UK business confidence hits highest since March, Lloyds says
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