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Mortgage affordability remains a key challenge for homebuyers despite a more balanced housing market emerging, according to Propertymark’s Housing Insight report for May 2026. The report found that the Bank of England base rate hold at 3.75% in May provided some stability for borrowers, but affordability pressures continued to influence buyer behaviour. Propertymark said the…
Federal Reserve policymakers will begin their two-day meeting to set interest rate policy on Tuesday, and for the first time in years, the outcome of the vote is a true mystery to investors. Mysterious just the way Fed Chairman Kevin Warsh wants it. Warsh, who started the job in May, has criticized the Fed for…
The portfolio includes completed and forward-funded homes across three UK residential markets. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post CBRE IM and Moda Living make…
Transcription: Penny Crossman (00:11):Hi, I’m Penny Crossman, a technology editor of American Banker. I’m here at the On Chain Executive Summit. I’m here with Caitlin Long, who is founder and CEO of Custodia Bank in Wyoming. Welcome, Caitlin. Caitlin Long (00:23):Thanks, Penny. Good to be back. Penny Crossman (00:24):So when you think about all the…
To see our latest updates on the Nancy Guthrie case, please click here. “Today” host Savannah Guthrie has issued a gut-wrenching new plea to those responsible for her mother, Nancy Guthrie‘s disappearance to help the family “bring her home,” while detailing the “agony” that they continue to experience every day while the 84-year-old is still missing….
Capitolis, the financial technology firm, has appointed Ashwath Bhat as its new Chief Financial Officer, effective August 3. Bhat will report directly to Gil Mandelzis, the company’s Chief Executive Officer and Founder, and will take charge of Capitolis’ global finance organization as the firm looks to sustain its growth trajectory. Bhat succeeds Lindsey Baptiste Fiedler,…
Mortgage professionals hunting for growth markets should look where inventory hasn’t recovered: Chicago and Pittsburgh are posting the strongest mid-tier home price appreciation in the country, at 4.2% year-over-year, as housing supply in both metros remains well below pre-pandemic levels. Processing Content That’s the signal from First American Data & Analytics’ Home Price Index Report…
Families are facing a major shake-up to the inheritance tax regime from April 2027 when unused pensions will form part of estates for inheritance tax (IHT) purposes. Historically, many pension pots have fallen outside the IHT net, making them a useful vehicle to transfer wealth through generations. But under new rules, announced in the 2024…
Meta is trying every angle it has to make its artificial intelligence (AI) bet pay off. It has spent more than $100 billion building the infrastructure. It has restructured its research division around what CEO Mark Zuckerberg calls “personal superintelligence.” It has pushed AI into ad targeting, into WhatsApp business tools, into Ray-Ban smart glasses….
Tata Power Q1 FY27 slides: renewables drive 11% profit growth