We bought a home in the Bay Area before our first child was born, in 2015. It was a four-bedroom home in a quiet neighborhood. At the time, it was more than enough for us, since it was an easy commute to work. Since then, we’ve welcomed two additions to the family, and things have ...

Published: Sept. 19, 2023 at 1:31 a.m. ET By Adria Calatayud Banco Santander said it is consolidating its retail-and-commercial and consumer activities in all its markets under two new global businesses, a move aimed at aligning these operations with the model of the rest of the group. The Spanish bank said late Monday that its ...

A majority of homeowners would consider renting out their current home on a short-term basis rather than selling it in the current market. That’s according to a survey released Thursday by Realtor.com and CensusWide, which included responses from 2,000 homeowners. They found that 60% of respondents would consider renting their current home versus selling if or ...

When Ruffer invested around $600m into bitcoin at the end of 2020, pension funds took notice and began calling their investment consultants. The UK asset manager’s bet on the fledgling asset class coincided with a sharp rise in bitcoin’s price, fuelled in part by a growing number of retail investors piling in during Covid lockdowns. ...

By Kosaku Narioka Industrial & Commercial Bank of China said Wednesday that first-half net profit rose 1.2% from a year earlier, thanks partly to gains from bond investments. The Chinese bank said net profit rose to 170.11 billion yuan ($23.36 billion) for the six months ended June 30 from CNY168.11 billion a year earlier. That ...

Published: Aug. 18, 2023 at 5:26 p.m. ET The numbers: Commercial and industrial loans — a key economic driver — fell $6.2 billion to $2.75 trillion in the week ending Aug. 9, the Federal Reserve said Friday. This type of lending has been falling for four straight months, ever since the collapse of Silicon Valley ...

If you’ve been feeling beaten down by high mortgage rates and strengthening home prices, you’re not alone. More than four in five respondents to Fannie Mae’s July survey gauging housing market sentiment said it was a bad time to buy a house, according to data released Monday. At 82%, the share of those negative on ...

If you’ve been feeling beaten down by high mortgage rates and strengthening home prices, you’re not alone. More than four in five respondents to Fannie Mae ‘s July survey gauging housing market sentiment said it was a bad time to buy a house, according to data released Monday. At 82%, the share of those negative ...

Commercial real estate is in trouble. There are several reasons why. First, higher interest rates put pressure on commercial real estate operators who financed their acquisitions with debt at historically high property values and low interest rates. Many of these loans mature in the next couple of years and may have to be refinanced at ...

With trillions of dollars of real estate-related debt coming due in the near future, commercial mortgage-backed securities (CMBS) are making headlines again. This has raised concerns about whether there’s a looming bubble ready to burst in a 2008-esque market crash. This time the case can be made that the CMBS market looks very different. We ...