Better mortgage spreads are still keeping home sales positive

Mortgage application activity declined for a second consecutive week as higher borrowing costs continued to weigh on both purchase and refinance demand. The Mortgage Bankers Association (MBA) reported a 2.9% decrease in total application volume on a seasonally adjusted basis for the week ending July 31. Purchase applications decreased 4% from the previous week on…

Capital Insight has acquired a former hotel with retail and parking in Manhattan’s Hudson Yards for somewhere between $68 million and $71.3 million, according to court records.  Investment banking business Capital Insight — the former lender and debt holder on the property — took ownership of the 12-story building at 511 Ninth Avenue through a…

Key insight: Settlement services, whose debt-reduction models require advising borrowers to default on their loans, wreak havoc on their customers’ credit ratings, often leaving them worse off than they were before. What’s at stake: Two federal watchdogs warning consumers from falling into debt-settlement traps is not what a well-regulated market looks like. Supporting data: In…

BERLIN, Sept. 6, 2026 /PRNewswire/ — Creality, a global leader in 3D printing, unveiled its latest product portfolio at IFA 2026, bringing together new developments across multi-channel and multi-material 3D printing, filament recycling, resin printing, 3D scanning, laser creation, and digitally manufactured consumer products. The new lineup arrives with recognition from the IFA Innovation Awards…

Todd Rosenberg’s Pebb Capital has purchased the Uno office building in South Beach, as boutique financial firms vie for outposts in Miami. The seven-story building features about 100,000 square feet of leasable space and 106 covered parking spots at 119 Washington Avenue, between First and Second streets, in the upscale South of Fifth neighborhood. SEE…

Nvidia‘s (NVDA -4.97%) tepid returns of 19% over the past year may lead investors to think that the artificial intelligence (AI) pioneer’s best days on the stock market are now behind it. After all, the PHLX Semiconductor Sector index has clocked way more impressive gains of 109% during this period. However, it would be wrong…