7% mortgage rates are already here, some buyers and mortgage experts say

Poland starts preventive military aviation operations as Russia strikes Ukraine, army says

Key insight: Fincen has proposed a rule that would bar U.S. banks from working with Banque Misr’s Emirati branches. Supporting data: Suspected Iranian shadow banking moved roughly $9 billion through U.S. correspondent accounts in 2024 alone, according to Fincen. Forward look: The comment period on the proposal closes Oct. 1, and no comments had been…

Acadia Realty Trust has snapped up a mixed-use property on SoHo’s Greene Street. The real estate investment trust (REIT) purchased two interconnected buildings at 69 Greene Street and 71-73 Greene Street from New York City-based property investment firm JSRE Acquisitions for a combined $60 million, according to city records made public Tuesday. SEE ALSO: Baptist…

It was a fairly uneventful day for mortgage rates to start the new week. The underlying bond market was slightly stronger. This suggests slightly lower interest rates. The average mortgage lender lowered top-tier 30yr fixed rates by 0.01% compared to Friday.  Underlying motivation for the bond market can mostly be attributed to lower oil prices,…

If you’re starting over as an investor (or just starting out), your focus shouldn’t be on picking the next big winner. It should be on building the foundation of your portfolio, the ETFs that you can hold forever and let grow over time. Once you have that created, then you can think about making more…

Shopify and Meta have partnered to extend the shopping capabilities of Meta’s Muse artificial intelligence assistant, executives said Monday (Sept. 21). Shopify CEO Tobias Lütke said in a Monday post on X: “We are excited to announce we are partnering deeply with Muse to enable agentic checkout with Shop Pay on all Shopify stores, offering…