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Prior -0.2% (revised to -0.1%) The Conference Board Leading Economic Index increased by 0.2% in July, after an upwardly revised decline of 0.1% in June. As a result, the LEI’s six-month growth rate turned positive, to an increase of 0.2% between January and July 2026, a sharp reversal from its 1.3% contraction over the previous…
The Refinance Index fell 2% for the week, though it remains 7% above year-ago levels. Rates reach another high The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($832,750 or less) rose to 6.69% from 6.65%, the highest reading since August 2025. “Mortgage rates reached another high point last week, with the…
“Canada’s housing market had been showing signs of stabilisation, but the ongoing trade war could put that recovery back on hold,” she said. “The housing market needs confidence as much as it needs lower borrowing costs. If the trade war persists, weakening economic sentiment could weigh on sales activity even if mortgage rates remain relatively…
Munis were weaker on Friday, as U.S. Treasuries cheapened and equities ended lower in the wake of Federal Reserve Chair Kevin Warsh’s speech. Processing Content Muni yields rose by up to three basis points, depending on the scale. UST yields cheapened by two to 12 basis points, with the biggest losses at the short end…
12:01 AM, 29th September 2026, 7 hours ago An industry body is warning landlords ahead of another Making Tax Digital deadline. Propertymark has urged landlords and sole traders already using Making Tax Digital (MTD) for Income Tax to send their second quarterly update to HMRC by 7 November 2026. Making Tax Digital for Income Tax…
A cafe serving Asian and American cuisine is opening a fourth Manhattan location, Commercial Observer has learned. Café Hestia, a group of family-run delis, has signed a 20-year, 8,000-square-foot lease at the base of the Feil Organization’s 570 Lexington Avenue, which it will likely also use as a catering facility, according to tenant broker Kassin…