Mortgage applications slide as rates near last year’s levels

New Syrian parliament meets for first time in Damascus

“Several regions are now seeing that uptick in momentum carry into summer, as buyers who held back earlier in the year re-enter the market. In many cases, what has kept consumers on the sidelines is not a lack of interest, but a lack of urgency.” Greater Toronto and Greater Vancouver bore the steepest annual declines…

Key insight: Trump promises to not sign the bill, but has not said whether he plans to veto it or not.  Forward look: The bill becomes law at midnight without Trump’s signature or veto.  What’s at stake: A number of community bank favored riders are in the bill, including two brokered deposit bills.  WASHINGTON —…

“Prior to 2022, that great repricing, we lived in a world where risk free rates were very low credit spreads were very high. In that world you want to invest in corporate bonds and, and not in government bonds,” Johnson says. “Fast forward to today we have the exact opposite. We have high risk-free rates…

Melissa Cohn, regional vice president at William Raveis Mortgage in New York, told MPA the pattern was familiar. “Remember when the mansion tax started, and everyone said people aren’t going to buy, and this is a problem, and it’s going to ruin the real estate market? And nothing really happened,” Cohn said. “The mass exodus never…

An Australian blueprint for Canada? Australia’s framework, which BLG describes as a model of active interest for Canada’s post-2027 approach, restricts foreign purchases of established dwellings while carving out exceptions for new builds, large-scale redevelopment, and vacant land — investments that add to housing supply rather than competing for existing stock. The model under consideration…