Analysis-Investors set sights on Swiss franc for popular carry trades after yen intervention

There were 251 transactions totaling $316 million filed in New York City records in the 24 hours before Tuesday, Aug. 18. 🏆Residential: Greenwich Village logged the highest-priced home sale in New York. Amy’s Winehouse LLC paid $17.5 million for two combined condos at 65 West 13th Street. The seller, EDHNY LLC, purchased one of the…

Manulife Bank’s mortgage portfolio reached $28.7 billion at the end of the second quarter, up 12% from $25.6 billion a year earlier as residential lending continued to drive growth. Mortgage balances increased by $1.1 billion, or 4%, from the first quarter and by $1.5 billion, or nearly 6%, from the end of 2025. Including other…

Uphold has cut its global headcount by 17%, laying off roughly 85 employees and contractors, CoinDesk reported, citing sources familiar with the matter. The company is redirecting spending toward its enterprise business after nearly doubling headcount during what CEO Simon McLoughlin called a period of “extraordinary growth.” What Uphold Is Selling to Partners Founded in…

July: Reverse mortgage and non-purchase opportunities Homeowners stuck between reverse and conventional loans are a growing broker opportunity A mortgage executive says 30 million homeowners over 55 have equity they can’t access, and brokers who understand the gap have a real opportunity As refi market dries up, equity products continue to drive business for brokers …

In June, the median sale price of homes in the U.S. increased by an estimated 2.2% compared to the previous year, reaching a new record high of $408,776, according to Redfin. The U.S. existing-home sales increased by 0.1% month-over-month (MoM), reaching a seasonally adjusted annual rate of approximately 4.4 million, marking the highest level since…

The average time taken to sell a property in England’s slowest local authorities has increased by as much as 38%, as higher mortgage rates prompt more buyers to adopt a “wait-and-see” approach, said Zoopla. Melton in Leicestershire was the worst-performing local authority in July 2026, with homes taking an average of 76 days to…