A ‘generational buying opportunity’ guarantees inflation plus 3% a year, says this hedge-fund manager

New-home purchase originations notably fell in July as mortgage rates climbed during the month. Processing Content Applications for newly built homes slowed 5.7% year over year, according to the Mortgage Bankers Association’s monthly builders survey. Compared to June’s increased activity, volumes dropped 1% on an unadjusted basis. “Purchase activity for newly built homes slowed in…

Here in San Antonio, TX, interest rates are obviously part of mortgage event discussion. (On today’s The Big Picture Guild’s David Battany will be discussing rates and recent developments impacting them with Robbie C. and me.) Here’s what happens when you mix campaign promises, mortgage rates and the markets. Texas is a border state, obviously…

This photograph shows smoke rising from a fire at the Russian e-commerce firm Wildberries’ logistics complexes in the town of Elektrostal outside Moscow on July 18, 2026. Tatyana Makeyeva | Afp | Getty Images Ukraine has ratcheted up its attacks on Russia’s Amazon-style retail giant Wildberries, signaling a new phase in the war as Kyiv…

World Foundation raised $52.5 million in new funding to bring World ID technology to organizations, consumers and artificial intelligence (AI) agents. The organization raised the new funding by selling to strategic investors WLD tokens that are subject to a one-year lockup, it said in a Friday (July 24) press release. World Foundation is the independent nonprofit steward of the World…

CHL Mortgages and Moda Mortgages are set to withdraw their current mortgage product ranges on 16 September. Both lenders say that replacement products will come with higher rates. CHL Mortgages will withdraw its current buy-to-let range, including product transfers, at 5pm on 16 September. The lender said a new range, featuring increased rates, will launch…

Credit ratings and equity researchers are generally moderating their view of public nonbank mortgage companies as earnings get reported, but they foresee outlooks potentially stabilizing if they address certain market changes. Processing Content For one, while some origination volume numbers did get somewhat of a seasonal lift in and a bit of a reprieve in…