New residential construction in the US declined in July as single-family starts slid to the slowest pace since 2022. Processing Content Housing starts fell 12.4% last month to an annualized rate of 1.24 million, according to federal government data released Tuesday. That fell short of the 1.35 million pace expected by economists surveyed by Bloomberg. […]
New residential construction slows in broad-based decline Read More »
Longer-maturity bonds are at the epicenter of investor angst about everything from inflation to the debt-laden artificial-intelligence boom — and governments are paying the price. Processing Content Sovereign borrowing rates are surging around the world. Yields on 30-year US Treasuries rose to the highest since 2007 this week, while French borrowing costs hit the loftiest since 2008 and their
Global bond slump sends long-term borrowing costs to highest in decades Read More »
The mortgage industry’s critical defect rate rose sharply in the first quarter as compliance-related issues increased and lenders saw a resurgence in refinance activity, according to ACES Quality Management‘s quarterly Mortgage QC Industry Trends Report, released Tuesday. The overall critical defect rate increased from 1.38% in the fourth quarter of 2025 to 1.71% in the
Mortgage critical defect rate rises to 1.71% in Q1 2026 Read More »