UWM raises $2.05 billion after $451.9 million Q2 loss
People are staying in their homes for longer, likely due to the higher costs of moving and reduced house price gains. Analysis from Connells Group showed that short-term homeowner moves were at a record low, with just 5% of sellers this year having owned their homes for fewer than three years. This was down…
George Comfort & Sons, and its partners Loeb Partners Realty and Jamestown, completed a $386-million refinancing of 200 Madison Ave., a 750,000-square-foot Grand Central district office tower. New York Life provided the five-year floating rate loan, structured with a three-year initial term and two 12-month extension options. Proceeds will be used to pay off 200…
James:A boom in one corner of the economy can create a crisis in another. Today’s headlines show just how uneven the market has become. AI data centers are impacting housing across the country, commercial delinquencies are climbing sharply, and higher mortgage rates are putting more pressure on fix and flip investors. Today, these stories show…
Dave:The Treasury Secretary of the United States, Scott Bessett, looked at the bond market this week and said, and I am quoting here, “I am the house now. You can bet against me if you want.” Well, the bond market took that bet and the bond market won. Within hours, the 10-year treasury yield blew…
If you’re looking for an outlier in the crypto market, look no further than Hyperliquid (HYPE +4.61%). Amid a sea of red for top cryptocurrencies, the HYPE token is up a head-spinning 104% year to date. Since its launch back in November 2024, HYPE is up more than 1,500%. On the surface, Hyperliquid appears to…
2026 hasn’t been good to Broadcom (AVGO -10.43%) stock. At roughly $300 as I write this, the chip designer’s shares trade about 13% under their 2025 close of $346.10. A losing year is rare for this stock. Since its August 2009 listing as Avago Technologies, the stock has ended just two calendar years lower. Shares…