Pending home sales dip in July — Midwest fares best
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Home improvements still top reason for equity release, says Canada Life
Home adaptations or improvements remained the top reason for taking out equity release, cited by 43% of applicants in Canada Life’s H1 2026 survey. This mirrored the data from 2025, in which 43% of applicants also cited home adaptations or improvements as the main reason for a loan. There has been an upward trend…
SEC Charges Private Fund Adviser Adit Ventures Management, Its CEO and Affiliated General Partners in Alleged Fraud
The Securities and Exchange Commission today charged New York-based investment adviser Adit Ventures Management LLC, its CEO Eric Munson, and three affiliated general partners, Adit Ventures LLC; Adit Ventures II LLC; and Adit Ventures III LLC (the General Partners), for allegedly defrauding investors and client funds in connection with investments in pre-IPO shares, such as…
Clearstream to Test ECB’s Pontes DLT Settlement Solution Ahead of Launch | LeapRate
Clearstream said Monday that it will take part in the Eurosystem’s Pontes testing programme, supporting the introduction of distributed-ledger technology-based settlement in central bank money ahead of the solution’s launch. The post-trade services provider said it will carry out a series of end-to-end tests, in line with the European Central Bank’s testing and certification framework…
RBA hikes rates: What mortgage holders need to know
The Reserve Bank of Australia (RBA) has announced a second cash rate hike of 2026, making rare back-to-back moves in February and March. The decision will likely impact variable rate mortgage holders, with two thirds of 2025’s easing now wiped from play due to stubborn inflation and energy price risks. Five of the RBA board’s…
Younger homebuyers grow presence in market
Younger homebuyers are gaining ground in the market, despite persisting affordability constraints, a new industry report found. Processing Content Gen Z accounted for 20% of purchase rate locks in the second quarter this year, the largest share on record, according to Intercontinental Exchange’s July Mortgage Monitor report. The generation, whose oldest members turned 29 this…
30-year Treasury yield hits 19-year high
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Aug. 5, 2026. Jeenah Moon | Reuters Treasury yields were little changed on Tuesday after long-dated bonds hit their highest level in almost two decades amid a worsening U.S. fiscal situation and persistently higher inflation. The yield on…
