7% mortgage rates are already here, some buyers and mortgage experts say
Mortgage rates ticked up to a new high for the year, delivering more bad news for home buyers.
Mortgage rates ticked up to a new high for the year, delivering more bad news for home buyers.
Anti-money laundering requirements for ‘source of wealth’ checks are consuming up to 25% of conveyancing lawyers’ time, according to Peter Ambrose, owner of The Partnership and Legalito, who has identified this as a primary cause of property transaction delays. The checks, which differ from simpler ‘source of funds’ verification, require lawyers to scrutinise financial documentation…
Wheat is showing early Tuesday weakness with losses of 3 to 9 cents. The wheat complex joined in on the rest of the commodity losses on Monday. Chicago SRW contracts were 11 to 18 cents in the red. Open interest was down 866 contracts. KC HRW futures closed with 10 to 16 1/4 cent losses…
Goldman Sachs ranked first among financial advisers for mergers and acquisitions in the Middle East and Africa in the first half of 2026, leading by both deal value and number of transactions, according to GlobalData. Figures from GlobalData’s Financial Deals Database showed the bank worked on three transactions with a combined value of $34.8bn. Access…
Councils refused 1,203 HMO planning applications in 2025. In 2021, the figure was 590. There is an important caveat. The number of applications being decided also increased sharply, from 1,848 to 3,454 across the same 144 English councils. Therefore, councils have not suddenly become twice as likely to refuse an HMO application. The approval rate…
How Technical Do You Want to Be? Fri, Jul 24 2026, 3:38 PM How Technical Do You Want to Be? There are always multiple technical lenses through which to view market movement, but the simplest involve trendlines and level lines. Yield movement has largely held inside the same high/low trendlines since October…
October NY world sugar #11 (SBV26) is down -0.64 (-3.52%) today, and October London ICE white sugar #5 (SWV26) is down -13.20 (-2.52%). Sugar prices gave up an early advance today and sold off sharply, as weakness in the Brazilian real prompted long liquidation in sugar futures. The real (^USDBRL) fell to a 2-week low…