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Remortgaging landlords are generating the bulk of lenders’ business, according to a survey’s findings, with 57% of those leveraged arranging a refinancing deal in the last 12 months. The figure is up 10 percentage points on the previous quarter and is equal to the high first recorded at the end of 2025, according to…
Fed Rate Hike Pushes Dollar Higher; Markets Await Bank of Japan’s Next Move Dollar Surges After Fed Rate Hike as Markets Eye Central Bank Decisions By Jiaxing Li Federal Reserve’s Hawkish Stance Boosts Dollar HONG KONG, Sept 17 (Reuters) – The dollar clung to a seven-week high on Thursday after the Federal Reserve raised interest…
The rollout of New York’s pied-à-terre tax can proceed for now after an appeals court temporarily put a hold on a Staten Island judge’s order blocking the plan. Processing Content An appellate court in Brooklyn on Thursday said the city can continue to implement the tax, overruling a temporary restraining order issued earlier in the…
Builder sentiment weakened further in July as affordability challenges and ongoing economic uncertainty continued to weigh on the market for new single-family homes. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) slipped two points to 34, marking the 15th consecutive month the index has remained below 40–the longest such stretch since…
L5 Mission Critical, a new data center operations and management firm, has tapped Matt Landek as its first president and CEO. Landek previously spent 14 years at JLL, most recently as president of its data centers and critical environments division in Chicago. SEE ALSO: In Pro-Development South Florida, NIMBYism Rises L5 Mission Critical, launched Wednesday…
Barclays is set to raise rates by up to 30 basis points tomorrow, with some of its market-leading deals increasing above 5%. The lender is hiking prices on 85 products as well as withdrawing six deals. Barclays’ steepest increases are on residential deals. One of its current top deals, a two-year fixed for purchase at…