Bernstein raises Digital Realty Trust stock price target on earnings beat

This week’s top headlines: Skipton BS cuts rates and expands range and HMRC tax receipts hit £391.6bn Explore these and other major industry updates below: Skipton BS cuts rates and expands range Skipton Building Society will cut rates across its entire fixed mortgage range by an average of 0.15% from 25 September, alongside new three-year…

Mortgage applications continued to decline even as mortgage rates finally moved lower. The Mortgage Bankers Association (MBA) reported a 5.3% drop in total application volume for the week ending October 16, despite the first weekly decline in mortgage rates in more than two months. The average 30-year fixed mortgage rate fell to 7.41% from 7.50%…

Soybeans fell 18 ¾ to 40 ½ cents across the board on Monday, with weaker products and an improving forecast playing a role. The cmdtyView national average Cash Bean price was 39 1/2 cents lower at $11.74 1/4. Soymeal futures were $5.50 to $11.10 lower, with Soy Oil futures down 104 to 287 points. Crude oil was down…

This as-told-to essay is based on a conversation with Maddie Johnson, a 30-year-old attorney and business affairs executive who’s based in Los Angeles. It’s been edited for length and clarity. Last year, I was entering a new phase of life. I got promoted twice very quickly, and with that came a lot of responsibility and…

Pro-housing groups have filed a set of lawsuits accusing three California cities of unfairly blocking more housing development near transit. The lawsuits from the nonprofit Californians for Homeownership accuse San Diego, San Francisco, and Montebello of putting up barriers that contravene Senate Bill 79, the state’s law pushing dense residential development near transit. The group,…

Specialist lender Somo has completed a £145,000 second charge bridging loan to help two portfolio landlords clear mortgage arrears across their buy-to-let properties and remove a restriction on their title at HM Land Registry. The transaction, structured under Somo’s Landlord Breathing Space Second Charge product, was secured against one of the borrowers’ rental properties valued…