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A surge to record highs for technology stocks has pushed them to what is considered by technical analysts to be overbought levels, but history shows investors should not use that as reason to cut their exposure.
Melissa Cohn of William Raveis Mortgage highlighted that when markets see the Federal Reserve effectively tackling inflation, bond yields can decline, potentially bringing mortgage rates down despite higher benchmark rates.https://t.co/E3CHIOsyLQ — Mortgage Professional America Magazine (@MPAMagazineUS) September 18, 2026 What it means for rates and the housing market The underlying inflation picture Cook…
Aldermore exceeded £500m in gross commercial real estate lending in the latest financial year, following the expansion of its lending criteria and several senior and regional appointments. The lending milestone marks the bank’s strongest performance since 2019 and includes an £85m facility, the largest single transaction in Aldermore‘s history. Among the criteria changes credited…
Legendary Chicago Bears head coach Mike Ditka has passed away inside his Chicago condo at the age of 86. The former NFL player and coach died on Oct. 9, at 9 a.m., surrounded by family and friends, according to The Athletic. His death was announced via an emotional statement from his family. “It is with…
The Goods and Services Tax Council (GST) Council on Thursday said that Input Tax Credit (ITC) will now be available on health and life insurance taken for employers who provide such coverage to their employees. The decision is expected to ease the cost of coverage for employers particularly for Micro, Small, and Medium Enterprises…
U.S. pending home sales haven’t been this low since 2014, except the pandemic freeze in 2020. Mortgage rates climbed above 7%, pricing out would-be buyers. Pending sales fell from a year earlier in every single major U.S. metro, led by Seattle and Southern California. U.S. home prices rose just 1.3% year over year in September—the…