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Property taxes can erase affordability even after the mortgage ends Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 40 minutes ago Latest
8:59 AM, 26th August 2026, 8 hours ago 2 More than half of landlords still regard residential property as a good long-term investment, but very few plan to expand their portfolios. A survey from Benham and Reeves of landlords in England found 51% remain positive about property as a long-term investment despite increased regulation, while…
Lincoln Property Company sold the last two buildings in its four-building, 210-acre Park303 logistics development in Glendale, Arizona for $170,250,000. Nuveen was the buyer. The deal marks the highest two-building sale price in Arizona history. The transaction also represents the last of four buildings sold at Park303, a 210-acre, 3.75 million-square-foot, LEED-certified logistics campus developed by Lincoln…
Accord Mortgages has cut rates by up to 37bps, while TSB has reduced rates by up to 20bps. Accord’s cuts apply to its residential product transfer and additional loan products. All the lender’s three-year fixes will be cut by 37bps, with 5bps cuts to five-year fixed rates. The lender is also making 20bps cuts to…
AC Milan has announced a partnership with CFD provider FPG Fortune Prime Global, naming the financial broker as a Premium Partner and Official Online Trading Partner of the Italian football club. FPG is not the first trading brand to work with AC Milan. In 2024, CFI Financial Group also became the Italian club’s Official Online…
First Eagle first entered the muni market in January 2024 when the firm hired prominent portfolio manager John Miller.First Eagle Investments Victory Capital Holdings, Inc. announced Wednesday it is acquiring First Eagle Investments in a $7 billion transaction that will create one of the largest publicly traded traditional asset managers in the U.S. with $571…
Key takeaway: The personal consumption expenditure index, the Federal Reserve’s preferred measure of inflation, increased to 3.7% in July. Supporting data: Core PCE inflation, which excludes volatile food and energy prices, rose 3.3% from a year earlier. What’s at stake: Federal funds futures contracts tracked by CME Group showed Wednesday that just under 60% of…
For all their talk of investing for the long run, active fund managers like to trade. Take Terry Smith for example, whose flagship Fundsmith Equity fund reported portfolio turnover of 51.8% in the first half of 2026. In his mid-year letter to shareholders, Smith said the fund had started building positions in 12 companies while…
Mortgage applications declined last week as rising borrowing costs and economic uncertainty continue to suppress home purchase demand this summer, the Mortgage Bankers Association (MBA) reported Wednesday. The MBA’s Market Composite Index, a measure of mortgage loan application volumes, slipped 1% on a seasonally adjusted basis over the week ending Aug. 21, while the unadjusted…
Days after picking up one Manhattan building, Thor Equities’ Joseph Sitt may be in danger of losing another. Special servicer Rialto Capital Advisors filed to foreclose on 350 West Broadway in Soho, Crain’s reported. Ownership allegedly defaulted on a $15 million mortgage tied to the property’s commercial space, according to the Manhattan Supreme Court filing….