Author: Jordan

Mortgage rates fell for the first time in over a month, bringing some relief for homebuyers as the busy spring season heats up. The average 30-year fixed-rate mortgage rate was 6.37% through Wednesday, according to Freddie Mac data, down from 6.46% a week earlier. The drop came largely after the U.S. entered a ceasefire with Iran this week, easing some concerns about how the war would affect oil prices and inflation. The 10-year Treasury yield, which mortgage rates closely track, fell below 4.3% on Wednesday, and stocks rallied. “Recent geopolitical developments have brought a slight reprieve to mortgage rates, though…

KOCHI: Gold loans in India have long been trusted for quick access to credit. The process, however, remains largely manual, time-bound and operationally intensive. Wizzmoni, a flagship brand of Wizz Financial, is now redefining that experience. Wizzmoni has introduced India’s first fully Automated Gold Loan Machine, a breakthrough innovation that enables customers to complete the entire gold loan journey, from onboarding to disbursement, in real time. This is not just a faster process; it is a fundamental re‑engineering of secured lending delivery in India. The industry still largely operates on traditional, process-heavy models. This creates a clear opportunity for technology-led…

Five Color Slivers has long been a controversial archetype in EDH. Regardless of which potent legend you decide to have at the helm, this archetype is capable of putting immense pressure on the opponent and generating tons of value in the process. Still, as well-suited as this style of deck is for bracket 4, none of the Sliver Commanders have made much of an impact in the competitive scene. Bizarrely, these Sliver Commanders are capable of crazy combo sequences even if there aren’t any other Slivers in the deck. This may seem incredibly unintuitive, but a new take on The…

Hedge funds posted a sharp decline in March as the Iran military conflict escalated and oil prices spiked, resulting in a historic surge in volatility and steep declines across equity and fixed income markets as investors re-priced risk and positioned for higher interest rates in 2026. The HFRI Fund Weighted Composite Index (FWC) declined -2.8 percent in March, the first monthly decline since April 2025, with losses led by Equity Hedge and Emerging Markets focused funds, as reported today by HFR. The March decline was the largest since June 2022 and pares the 1Q26 gain for the HFRI FWC to…

Keystone Property Finance has reduced rates across its fixed-rate buy-to-let (BTL) product ranges by up to 0.15%. The reductions apply to both 2- and 5-year fixed products and follow the lender’s recent reintroduction of fixed rates after a period of volatility. Keystone said the move reflects its ongoing commitment to adjusting pricing quickly as funding conditions evolve. The updated pricing applies across its full core range, including Standard, Specialist, Ex-pat, Holiday Let, Product Transfer, PT Plus and Refurb to Let Exit products. Following the changes, rates now start from 3.39% at 70% loan-to-value (LTV) for Standard products, with Specialist rates…

Got story updates? Submit your updates here. ›Bain Capital’s latest $1.5 billion CLO fund underscores the firm’s expertise in navigating the complex world of structured credit products.Boston TodayBain Capital, a leading global private investment firm, has announced the closing of its third CLO (Collateralized Loan Obligation) captive equity fund at $1.5 billion. This latest fund brings Bain’s total CLO assets under management to over $5 billion, solidifying its position as a major player in the CLO market. Why it matters CLOs have become an increasingly important part of the global credit markets, providing a way for investors to gain exposure…

The West Texas Intermediate crude oil briefly reclaimed the $100 per barrel mark on Thursday before easing below the crucial level as concerns about the stability of the two-week Middle East ceasefire gripped the market. Meanwhile, gold prices climbed nearly 1% as a weaker dollar lent support to demand for the precious metal. Silver also rose more than 1%, tracking gold’s rise. Base metals prices were mixed with copper flat and aluminium slipping nearly 1% at the time of writing. The dollar index hitting a one-month low provided a potential lift to base metal prices earlier in the day, which are otherwise trading…

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Keystone Property Finance has lowered rates across its fixed-rate buy-to-let ranges by up to 0.15%. ModaMortgages has announced a new limited edition buy-to-let range, including two- and five-year fixed-rate products, with pricing from 3.39%. Newcastle Building Society has reduced rates across its new business range by up to 0.14%. Nottingham Building Society has revised its buy-to-let criteria, including extending its maximum BTL mortgage term to 40 years from 35 and opening lending to first-time landlords. Principality Intermediaries has relaxed its eligibility for its 5.5 times LTI feature for first-time buyers, reducing the minimum loan size from £180,000 to £150,000 and lowering the minimum income threshold…

Gold prices have stabilised after recent volatility, with XAU/USD trading at $4,796 (+1.83%) on Thursday, while the price of silver in US Dollars has also rebounded to $76.19 (+3.39%). ANZ notes that precious metals have recently come under pressure, with a stronger US Dollar and a rise in US yields to around 4.4% reducing gold’s investment appeal. The bank highlights that gold prices have fallen around 15% during this period, despite only a modest decline in equities and a sharp increase in oil prices. Nevertheless, ANZ maintains that underlying fundamentals remain supportive for gold. The bank expects the Federal Reserve…