Mega investors effectively banned themselves from the single-family market

“Roth assets would provide our children with tax-free distributions.”

Over the past few years, borrowers have become accustomed to seeing fixed-rate mortgage pricing move quickly and sometimes unexpectedly. The Mini-Budget in 2022 provided perhaps the most dramatic example, but it has happened several times since. Most recently, conflict in the Middle East contributed to higher fixed-rate mortgage pricing despite the Bank of England leaving…

Personal Finance Published: Sunday, August 16, 2026, 19:12 [IST] Sikkim government employees and pensioners will receive a 2 percentage point increase in Dearness Allowance and Dearness Relief from 1 January 2026, Chief Minister (CM) Prem Singh Tamang has announced. The arrears arising from the revision will be paid before Dashain 2026, giving employees and retired…

Prices rose 2.2% year over year in June to a record high, mainly because of growing demand. Existing U.S. home sales ticked up to a seasonally adjusted annual rate of 4.4 million, the highest level since 2022, and pending home sales reached their second-highest level since 2023.  Wealthy Bay Area and South Florida buyers helped…

The service is due to start rolling out to eligible UK users this week. Credit: Piotr Swat/ Shutterstock.com. Robinhood is starting a crypto trading service in the UK through Bitstamp UK, allowing users to buy and sell digital assets in the same app used for stocks and shares ISAs, equities, options and futures.  The service will be introduced with zero…

Amazon (AMZN +3.97%) is running the largest capital-spending program in its history. The company expects about $220 billion in capital expenditures this year, an estimate CEO Andy Jassy raised from $200 billion in July. And the spending runs well past this year. On Aug. 26, Amazon Web Services (AWS) and Nvidia announced plans to put…