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An equipment outage on Monday delayed hundreds of flights bound for Newark, New Jersey, and Philadelphia and forced close to 70 planes to divert to other airports. As of 1 p.m. ET, the disruptions had spread to New York City, where flights into LaGuardia Airport and John F. Kennedy International Airport were also halted by…
Meanwhile, senior housing construction starts have declined approximately 67% since 2021, falling from more than 30,000 units to roughly 10,000 in 2025 — driven by elevated interest rates, rising construction costs, and labor constraints that have transformed origination conditions across the commercial real estate lending market. “The demographic wave is no longer something on the horizon….
HELOC, TPO, API, Non-Agency Products; Webcasts; Why Rates Are Where They Are: We’re Not Alone I’ve been in capital markets for over 40 years, and this rate and affordability environment is tough. Any lender who finds these higher rates boring, well, don’t hold your breath waiting for them to come down.) Principal, interest,…
Russian liberal politician gets 4 years jail for donation to banned organisation, TASS reports
By Ruchi Bhatia and Anup Roy India’s central bank is emerging as one of Asia’s monetary policy holdouts, confident the latest oil shock won’t derail economic growth or fuel the kind of persistent inflation that would warrant higher interest rates. Reserve Bank of India Governor Sanjay Malhotra stressed a data-dependent approach…
Some 34% of people who want to move into their next home say they feel stuck in their current property because it is too expensive, a bank’s research found. The Barclays Property Insights data showed that recent first-time buyers were already factoring in the potential cost of moving, with 41% saying they would try…