Funds parked at a major Federal Reserve facility dropped to the lowest level in more than four years, putting in focus the amount of cash banks have sitting at the US central bank, a measure of liquidity conditions. Some 14 participants on Thursday put a combined $28.8 billion at the Fed’s overnight reverse repurchase agreement […]
Fed’s nearly empty reverse repo facility puts focus on reserves Read More »
The real estate market is looking up, at least according to property investors. But even amidst the sunny outlook, many of them still worry about tariffs, high insurance and a possible recession. Optimism among real estate investors improved, according to the most recent Investor Sentiment Index. The index rose to 102, up from 88 in
Real estate investor sentiment up despite economic worries Read More »
New mortgage delinquencies showed overall improvement in loan performance, but in what could be a more concerning trend, later-stage distress and foreclosures trended upward in the second quarter. The overall delinquency rate decreased to a seasonally adjusted 3.93% during the quarter, reflecting pullbacks from both three months and one year earlier from 4.04% and 3.97%,
Late-stage delinquencies, foreclosures see noticeable spike Read More »