New homes still cost less than resales in many U.S. markets

Mortgage rates fell a little this week, as mixed economic data makes the Federal Reserve’s decision-making a little trickier. The average 30-year mortgage rate fell five basis points to 6.28% APR. A basis point is one one-hundredth of a percentage point, and we calculate our weekly average using daily APRs provided by Zillow over the…

The S&P 500 Index ($SPX) (SPY) today is down -0.14%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.96%.  September E-mini S&P futures (ESU26) are down -0.18%, and September E-mini Nasdaq futures (NQU26) are down -1.02%.  Stock indexes are mixed today, with the Dow Jones Industrials posting a…

The company saw its backlog grow even more in the latest quarter.

LHV Bank has surpassed £1bn in total lending to UK SMEs and property investors since launching its SME lending business in 2023. The lender said strong demand from brokers and borrowers across commercial real estate, trading business mortgages and specialist buy to let (BTL) has driven growth. Conor McDermott (pictured), director of SME lending…

Over the past 11 years, no one has sold more townhouses—or more gross dollars of real estate—in Brooklyn Heights than Ravi Kantha. In a new video series following a day in the life of luxury real estate agents, Kantha is the latest to open his doors, offering an unfiltered look at a schedule that starts…

Image source: The Motley Fool. DATE Friday, July 31, 2026 at 8:30 a.m. ET CALL PARTICIPANTS President and Chief Executive Officer – Suresh Krishna Chief Financial Officer – Dan Schumacher Investor Relations – Ryan Johnsrud TAKEAWAYS Revenue — $149.3 million, up 10.2% in constant currency, representing a company record. Non-GAAP EPS — $0.60, a 45%…