Homebuilder Margins & Pricing Power Shift Upstream

Higher mortgage repayments are the biggest concern for UK homeowners in the current housing market, according to a survey by Boon Brokers, with 33% naming this as their main worry. The survey of 1,000 mortgage holders found that 24% were most concerned about entering negative equity, while 14% cited falling property values. The findings…

Recently, in August, CySEC (Cyprus Securities and Exchange Commission) warned about nine websites that do not belong to any entity authorised to provide investment services. This was the first warning from the Cypriot regulator since June. While CySEC oversees the largest number of FX/CFD brokers in Europe, its activity in issuing warnings remains relatively low,…

Property transactions in London take an average of 174 days from agreed sale to completion, making it the slowest region in Britain for completing home moves, according to analysis by Rightmove. The data reveals significant regional variations in transaction times across Britain. The North East of England completes transactions 33 days faster than London on…

Mortgage rates are down today as Treasury yields eased ahead of Friday’s inflation report — but don’t expect that to indicate a larger downward trend. The average interest rate on a 30-year, fixed-rate mortgage dropped to 6.65% APR, according to rates provided to NerdWallet by Zillow. This is 17 basis points lower than yesterday and…

“Canadian fintech has entered a selective maturation phase, with investors going after fewer deals but applying more scrutiny to their investments. They are being more discerning and going after fintechs that have scale, specialized AI capabilities and that are competitively positioned to take advantage of upcoming reforms to Canada’s financial services industry,” Cunningham said. AI…

Speaker Menin and more than a dozen other members of the City Council want to get to the bottom of the Mitchell-Lama cost conundrum. A hearing on affordability across an aging tranche of subsidized housing drew pointed questions from Council members to Housing Preservation and Development Department officials overseeing a portion of the city’s Mitchell-Lama…