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More War. More Selling Tue, Sep 1 2026, 4:50 PM Tuesday was as straightforward as it was unpleasant for the bond market. Mid-day news regarding new air strikes in Iran caused an immediate reaction in oil prices. This was more than enough to reverse the rally that followed this morning’s 10am ET…
Apple is joining Google in taking the plunge into controversial waters. On Tuesday, Apple Maps changed the name of Lake Ontario to “Lake America.” The move follows President Donald Trump‘s recent executive order, which he issued amid a trade war with Canada. Earlier Tuesday afternoon, the lake was still labeled Lake Ontario on the map…
The squeeze on first-time buyer affordability reached its most severe level since the global financial crisis in June, according to new data from UK Finance. Mortgage payments for the typical first-time buyer amounted to 22.6% of gross income, the highest proportion recorded since the financial crisis took hold. However, gross lending is broadly on track…
The 10-year Treasury yield, one of the benchmarks used for pricing 30-year fixed rate mortgages, closed just shy of 4.8% on Sept. 1, its highest point since Jan. 14, 2025, according to Yahoo Finance. Processing Content The bond market was already unsettled heading into Federal Reserve Chair Kevin Warsh’s speech last Friday in Jackson Hole,…
With so much competition, its doing the little things right that seemed to be a prevailing theme among several panelists at the recent Connect Texas Multifamily Dallas event at the Joule. John Tullo, from Apartment Management Consultants, said in a competitive market like Dallas, which has an 89% occupancy rate and a number of desirable…
Rocket Pro chief revenue officer Austin Niemiec, speaking to Mortgage Professional America at the RPX event, framed the Moving Squad as a matter of broker autonomy. “A broker’s superpower is choice and freedom, and we are hearing from more and more brokers that they want their independence back,” he said. Rocket claims more brokers moved…
UN Faces Contentious Vote on Iran Sanctions During General Assembly Security Council Vote and International Tensions Over Iran Sanctions By David Brunnstrom Upcoming Security Council Vote Sept 1 (Reuters) – France said on Tuesday the U.N. Security Council will vote this month on renewing the mandate of a panel monitoring sanctions on Iran, setting up…
Twenty7tec has launched Steppl, an artificial intelligence (AI) ready client engagement platform that enables advice firms to build configurable client journeys. The platform allows firms to tailor fact finds, stages and tasks to their existing workflows, with advisers remaining at the centre of the client relationship from onboarding through to ongoing engagement. Clients, meanwhile,…
Carnival Cruise Line and Barclays US Consumer Bank said Tuesday that they have launched the Carnival Rewards Mastercard, which they described as a first-of-its-kind credit card in the cruise industry. Integrated with Carnival’s recently launched Carnival Rewards loyalty programme, the no-annual-fee card is said to allow members to earn rewards through everyday spending and redeem…
Anthropic is changing a data retention policy for business customers following concerns from enterprise users about how their information would be stored and reviewed. The company announced Tuesday (Sept. 1) it is introducing Enterprise Frontier Safeguards, a system that will give businesses greater control over how their data is reviewed, stored and managed. Anthropic said…