Archwest Capital closes $300M rated RTL securitization
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Trump to allow ground beef import without tariff
President Donald Trump on Friday morning said the United States will allow up to 300,000 metric tons of product for ground beef to be imported over the next three months without being subject to out-of-quota tariffs. Trump also said, “We have a commitment that this beef will be sold at 25 percent below current market…
Global bond yields reach levels investors last saw before the financial crisis
Eric Robertsen, head of global research and chief strategist at Standard Chartered, told the Financial Times that borrowing is rising as funding costs climb. Fiscal positions are not improving anywhere, and until that shifts, “the long end doesn’t have an anchor,” he said. Bloomberg reported that a surge in borrowing by US technology firms to fund artificial intelligence is…
The 4% Mortgage Is Back. Is It Keeping New-Home Prices From Falling?
The 4% home loan is back—and for buyers, it looks like a gift. For everyone else, it may be more complicated. Nearly 1 in 7 new-construction listings advertised reduced interest in August, according to a new Realtor.com® analysis, with an average advertised rate of just 3.92%. The typical 30-year fixed mortgage rate for everyone else,…
What You Can Learn From the Nerds’ Home Improvement Projects
Do you have a home improvement project on your to-do list? You might have a deck to build or a leaky toilet to fix. If so, you’re in good company. Searches for “home renovation” and “home improvement” reached their highest levels so far this year in June, according to Google Trends data. Renovations and repairs…
President Rekindles Effort to Fire Lisa Cook From Federal Reserve Board
Federal Reserve Governor Lisa Cook has been told by the White House that President Donald Trump is again considering firing her because of allegations of mortgage fraud The move comes after the Supreme Court in June blocked the president from firing Cook while a legal challenge to her attempted removal last year moves forward. CBS…
Moved Back Into My Childhood Home in My 30s; It’s Better Than Expected
The day after Thanksgiving, I learned I’d have to move out of my beloved century-old, two-bedroom apartment in Kansas City. My building had been taken over by a management company in another state. Unfortunately, this wasn’t the beginning of a Hallmark movie in which the protagonist unites with her neighbors to successfully push back against…
