The disconnection infection is spreading through mortgage organizations

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…

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By Nojoud Al Mallees (Bloomberg) — Canada’s imports from the U.S. reached a record high in June, fuelled by a surge in computer parts used for data centres as the country looks to expand its artificial intelligence infrastructure.  Higher volumes of electronic and electrical equipment and parts drove an increase in total Canadian imports, as…

Credit card spends hit the ₹2 trillion mark in June again, driven by HDFC Bank and SBI Card, even if some of the large private banks saw a decline over May, according to the latest data released by the Reserve Bank of India.   Overall credit card spends rose 9.8 per cent year-on-year…

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Cost and scheduling challenges have pushed the US Air Force’s B-52 Stratofortress modernization program billions over budget, according to a new report. The aging B-52 has long been a workhorse of the Air Force, which is replacing the bomber’s decades-old engines to keep the aircraft flying into the 2050s. But the upgrades have run into…