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Jessica Eddy, a mortgage broker at Edge Home Finance in Cincinnati, described the dynamic in a recent conversation with Mortgage Professional America. “A lot of people are sitting on so much equity, but they’re drowning in credit card debt paying around 22% interest every month,” Eddy said. “So we’re coming in with a more financial-advising…
Class action claims LGI, loanDepot misled Florida buyers Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 35 minutes ago Latest
Some things are so rare that they warrant attention when they occur. Investors are seeing that happen this year. The Shiller S&P 500 (^GSPC 1.01%) CAPE (cyclically adjusted price-to-earnings) ratio, named for economist Robert Shiller, measures the S&P 500’s price against inflation-adjusted earnings over a rolling 10-year period. This metric has topped 32 only five…
Unitree is first humanoid robot firm to list in mainland China
Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks after the company’s initial public offering at the Nasdaq MarketSite in New York on May 14, 2026. Michael Nagle | Bloomberg | Getty Images Cerebras Systems raised its full-year guidance in the second earnings report following the chipmaker’s IPO in May. But the stock tumbled about…
The outlook has been even worse for buyers who signed for a preconstruction condo at the height of the COVID-19-era market boom, only to see prices and valuations plummet in the ensuing years. That presale pipeline, and the slew of units now closing after being bought several years ago, remains the biggest crisis point in…