Kukun targets HELOC borrowers with renovation permit data
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Bank of England Leans Dovish As It Keeps Rates On Hold
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Rabsky Co-founders Are Going Separate Ways
Simon Dushinsky and Isaac Rabinowitz are going their separate ways. At least when it comes to new projects. The press-shy co-founders of the powerhouse New York City developer Rabsky Group are no longer pursuing new development opportunities together, according to a source familiar with the matter. The former duo is focusing on their individual portfolios…
16th FC road map to bring down debt to 73% by FY31 ‘daunting’: N K Singh | Economy & Policy News
The Sixteenth Finance Commission’s trajectory for the general government debt, which includes that of the Centre and states, to bring it down to 73.1 per cent by financial year 2030-31 (FY31) remains “somewhat daunting” given the unfavourable geopolitical environment and exogenous shocks, Fifteenth Finance Commission Chairman N K Singh said on Friday. “The Sixteenth…
Stocks Finish Mostly Lower as Bond Yields Soar
The S&P 500 Index ($SPX) (SPY) closed down by -0.02% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.31%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.03%. December E-mini S&P futures (ESZ26) fell -0.10%, and December E-mini Nasdaq futures (NQZ26) fell -0.03%. Stock indexes settled mostly lower on Thursday, with the Dow Jones…
CHL Mortgages and Moda Mortgages to withdraw products ahead of rate increases – Mortgage Strategy
CHL Mortgages and Moda Mortgages are set to withdraw their current mortgage product ranges on 16 September. Both lenders say that replacement products will come with higher rates. CHL Mortgages will withdraw its current buy-to-let range, including product transfers, at 5pm on 16 September. The lender said a new range, featuring increased rates, will launch…
Treasury yields hold as brokers track October Fed outlook
Treasury yields steadied Wednesday as investors held back ahead of fresh labor market data, with mortgage professionals closely tracking signals that could influence the Federal Reserve’s course at its October 28 policy meeting. The 10-year Treasury note – the primary benchmark lenders use to price 30-year fixed-rate mortgages – dipped less than one…
