The judges will take written statements to decide whether to rehear the case, although petitions for rehearing are generally rejected, one observer noted.
Key Highlights Existing-home sales fell in June as the median sales price climbed to the highest price ever recorded for the second consecutive month, according to the National Association of Realtors?. All four major U.S. regions posted sales declines. # # # For local information, please contact the local association of Realtors? for data from local multiple listing services.
Freddie Mac?s? newly released 2024 Midyear Outlook forecasts multifamily performance to remain muted for the remainder of the year as the market works through a historically high supply of new units. The Midyear Outlook notes the economy is performing well overall, propelling multifamily demand, but a continuing supply and demand imbalance is contributing to slow rent growth.
In Texas, the Austin City Council set a climate bond election for no later than November 2026, while an Arizona water authority is dealing with a funding drought.
By RoboForex Analytical Department. The Japanese yen continues strengthening against the US dollar, with the USD/JPY pair decreasing to 156.31, marking a near 2% appreciation over the past two weeks. Additionally, Japan sold approximately 22 billion USD worth of US bonds in May to fund these interventions.
Strong Core Deposit Growth Drives 20 Basis Points of Net Interest Margin Expansion Deposit and Business Loan Growth Driven by Execution of Growth Plan;Successfully Onboarded Eight New Deposit Groups in the Second Quarter Subordinated Debt Offering Bolsters Total Capital Ratio to 14.5% HAUPPAUGE, N.Y., July 23, 2024 -- Dime Community Bancshares, Inc. (DCOM), the parent company of Dime Community Bank, t...
The initial reaction was a little bit a flight-to-quality trade in rates, which is supportive of USTs and munis as safe-haven assets do well during times of uncertainty, said Chris Brigati, senior vice president and director of strategic planning and fixed income research at SWBC.
"Lobbyists have to be prepared for any eventuality," said Chuck Samuels, attorney at Mintz Levin and counsel to the National Association of Health & Educational Facilities Finance Authorities.
Greystone, a leading national commercial real estate finance company, has provided a $15,486,000 Fannie Mae Delegated Underwriting & Servicing loan to refinance a 252-unit multifamily property in Albany, Georgia. Constructed in 1987, 509 North Apartments in Dougherty County is a garden-style apartment community with 14 buildings featuring one- and two-bedroom units.
The high-yield sector continues to show strength, with inflows of $364.4 million for the week ending Wednesday, marking 13 straight weeks of inflows, according to LSEG Lipper.
Shares of Lennar Corp (LEN) declined in premarket trading on Monday, just weeks after the company announced plans to spin off its land assets. Although the company is poised to benefit from its greater exposure to entry level and first-time buyers as the Federal Reserve cuts interest rates, this is already reflected in the stock valuation, according to Goldman Sachs.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.