Oil prices are under $69 while mortgage rates are near yearly highs. For some observers that might seem very odd, but for me it makes sense. During the Iran conflict, the Federal Reserve went from talking about two to three rate cuts to two to three rate hikes. Oil prices falling from over $100 to […]

Harvest Capital, through its exclusive partnership with TPG Credit, closed a $600 million recapitalization and expansion facility for Metro Development Group, the companies announced Wednesday. The transaction, completed at the end of the first quarter of 2026, recapitalizes a portfolio of 10 master-planned communities in Florida and creates a dedicated capital platform to support Metro’s

Adjustable-rate mortgages (ARMs) remain a minority of total agency originations, but they have reemerged in 2026. This time, independent mortgage banks (IMBs) and more leveraged borrowers are driving a rise in market share, according to Polygon Research. The analysis, updated Monday by Polygon founder and CEO Val Buresch, found that ARMs rose to 3.34% of