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The State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP +1.09%) offers lower-cost exposure to traditional energy, while the Invesco Solar ETF (TAN -2.06%) provides more volatile, high-conviction access to the renewable energy sector. These two funds represent opposite ends of the energy spectrum. One tracks companies pulling oil and gas from…
HSBC is cutting rates on a wide range of residential and buy-to-let products tomorrow, while Gen H has lowered rates on high-loan-to-value products today. Virgin is also trimming some new business deals by up to 10 basis points, while increasing a number of product transfer rates by up to 10bps tomorrow. At HSBC, scores of…
With average origination volume at its highest level in four years, independent mortgage bankers now have five consecutive quarters of pretax net production profits, a quarterly survey found. Processing Content This continued the turnaround from the widespread losses posted between 2022 and 2024, Marina Walsh, the Mortgage Bankers Association’s vice president of industry analysis, said….
Wall Street’s ‘fear gauge’ is signaling the all-clear, despite myriad looming risks.
Goldman Sachs is moving to expand its presence in the triple net lease and sale-leaseback market through the acquisition of LCN Capital Partners. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Already have an account? Log in …
Mortgage rates rose for the third straight day on Tuesday with the average top-tier 30yr fixed rate moving up a modest 0.02% to 6.75%. Notably, the bond market was actually in slightly better shape compared to yesterday–something that would normally be good news for rates. So what’s the catch? As is often the case when…
Pinnacle Group has offloaded another asset, this time on Manhattan’s Upper West Side. The prominent New York City landlord, which put a massive rent-stabilized portfolio into bankruptcy last year, sold its rights to an apartment building at 323 West 96th Street to private real estate company Lightstone Group for approximately $88 million, according to a…
Rosemount Financial Solutions (IFA) has integrated intelliflo office (IO) as its new customer relationship management (CRM) provider for member advisers. Intelliflo is a provider of software for financial advisers in the UK. The intelliflo office CRM integrates agentic AI, which runs continuously in the background to scan for anomalies, prepare advisers for client reviews, and…
Altana, a software company that helps brands like Wayfair map their global supply chains, has been barred by the Chinese Ministry of Commerce from doing business with individuals or companies in the country. It’s an example of how geopolitics continue to complicate the supply chain, even while technology advancements like AI offer new solutions. The…
Until Thursday morning, ANZ was the final big four holdout still expecting the RBA’s latest cash rate hike to be a ‘one‑and‑done’ move. ANZ‘s change of mind comes on the back of new inflation data released on Wednesday, showing underlying consumer prices rose faster in January than they did in December. The ABS’ Consumer Price…