Author: Jordan

Higher borrowing costs weighed on mortgage demand during the second quarter, although Stonebridge says the outlook for the second half of the year remains more positive if inflation pressures ease. Mortgage applications fell during the second quarter as higher borrowing costs and affordability pressures prompted some borrowers to delay purchasing or remortgaging, according to the latest Mortgage Market Index from Stonebridge. The mortgage and protection network said average mortgage rates increased to 4.97% during the quarter, up from 4.31% in the first quarter of this year and above the 4.74% recorded in the first quarter of 2025. Stonebridge said renewed…

Intermediary-only specialist lender, Foundation, has announced new buy-to-let rates with the launch of a Special products range, adding two- and five-year fixed options at 80% LTV across its F1, Standard HMO and MUFB products. The lender designed the new products to broaden choice for brokers and their landlord clients. They combine competitive rates with higher product fees, sitting alongside Foundation’s existing 80% and 85% LTV fee-free options rather than replacing them. The expanded range gives intermediaries more flexibility when sourcing the right solution for individual client needs. The new rates break down as follows: F1 Special products…

An illustrative image made by Ai.  The FRA said the number of investors in precious metals funds rose 14 percent over the quarter to approximately 329,000 by the end of June, up from 289,000 at the end of March, reflecting growing demand for one of the country’s newest investment vehicles. The regulator’s quarterly report, covering developments through 25 June 2026, also showed that the net assets of gold and silver investment funds increased to EGP 9.35 billion, compared with almost EGP 9.3 billion three months earlier. Retail investors and youth dominate the market   Individual investors accounted for 71 percent…

사진 확대 [This article was reported on ‘Radar M’, a paid media specializing in economic and capital markets, on July 14 (08:59).] 사진 확대 Photo = Shinhan Investment & Securities Co Shinhan Investment & Securities will create a 50 billion won private equity loan fund (PDF) to support auto parts suppliers with Hyundai Commercial. The Private Debt Fund (PDF) is a private equity fund that supplies funds directly to companies in the form of loans and is used as a means of structured financing to replace bank loans or public offering bond markets.According to the investment bank (IB) industry on…

Alleged cryptocurrency conman released pending fraud trial The Dakota Scout Source link

Gus is joined at auction by a separately sold leg, a partial jaw with four unusually dark teeth, an individual claw and multiple teeth, all pulled from Hell Creek Formation sites in Montana and South Dakota. The wider catalogue spans a juvenile Gryposaurus skeleton, a pair of nestling hadrosaurs found with their eggshells, a Brachylophosaurus preserving skin impressions, an Allosaurus jaw preparation, a Stegosaurus dorsal plate, ammonites, ichthyosaurs, Eocene fish fossils and petrified wood, alongside natural history artwork. Pricing swings For those weighing a bid, the fossil market’s history is worth flagging. According to CFA Institute research, a Triceratops skeleton…

There was a time when housing finance was considered a sector where nothing could go wrong. But then came 2018, and everything that could go wrong, went wrong.As a sector, housing finance is among those that are very important for the economy. The reason: When a house is built, the impact is felt across the board. Makers of cement, brick and tiles, steel, pipes, and sanitaryware, electrical wires and fixtures, as well as the unorganised workers Source link

Foundation has expanded its specialist buy-to-let range with the launch of new 80% loan-to-value products across its F1, Standard HMO and MUFB ranges, offering brokers additional pricing options with higher product fees. The intermediary-only specialist lender has introduced a range of Buy-to-Let Special products featuring both two-year and five-year fixed rates for landlords purchasing or refinancing standard buy-to-let properties, houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs). The new products sit alongside Foundation’s existing 80% and 85% LTV fee-free options, giving brokers a wider choice of solutions depending on their clients’ borrowing requirements and cost preferences. Within the…

Investing.com — Intuit stock slipped 0.9% in pre-open trading after Piper Sandler initiated coverage of the financial technology giant with an Underweight rating and a $250 price target, the most bearish call currently on the Street, reinforcing concerns about the company’s near-term growth trajectory and competitive positioning in the DIY tax software market. The Piper Sandler initiation lands on top of an already-fragile analyst backdrop. Stifel had previously cut its rating from Buy to Hold and slashed its price target from $375 to $275, while Goldman Sachs moved to a Sell rating earlier in June. Prior to today’s new initiation,…

Hedge funds snapped up U.S. semiconductor stocks at the fastest pace in at least three-and-a-half years last week, reversing course after two consecutive weeks of heavy selling as investors bet the sector’s recent pullback has run its course.Hedge Fund Exposure ReboundsHedge funds’ allocation to U.S. semiconductor stocks has climbed back to about 10% of total hedge fund exposure, according to Goldman Sachs data shared by The Kobeissi Letter on Monday.The figure is roughly double the level seen during the same period last year, though it remains below the nearly 14% peak reached in May.Semiconductor Selloff Seen as OverThe market commentator…