Better sues fired CEO Garg, alleging securities law violations

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Gable Mortgages has launched its 100% loan-to-value mortgage product range, as it targets a larger share of the £82bn UK first-time buyer market. The launch, which includes products tailored to both standard residential purchases and selected new-build homes, is in direct response to market demand, with unaffordable deposit requirements the biggest barrier facing prospective first-time…

Mortgage rates could be climbing back above 7% shortly, as gains in the 10-year Treasury yield pushed one data point close to this level. Processing Content On Thursday morning, the 10-year Treasury yield, which earlier in the week had been flirting with the 4.6% mark, zoomed past this to break 4.7%. The story behind the…

Empira and Partners Group have launched a new €1bn strategy targeting residential assets across five major European markets. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Already s subscriber?  Log in to unlock this content     …

The U.S. economy saw an unexpected declined in jobs during July while the unemployment rate edged lower, the Bureau of Labor Statistics reported Friday in a snapshot that showed a slowing employment picture. Nonfarm payrolls fell by a seasonally adjusted 23,000 for the month, compared with a downwardly revised 20,000 for June. The Dow Jones…

Zillow reported that while the fall can give home buyers more room to negotiate, a surge in Treasury yields is threatening to eat into those savings. The online brokerage said that borrowing costs may climb just as shoppers make their last moves before the holiday slowdown. According to Zillow, turmoil in the U.S. Treasury bond…