The 30-year fixed mortgage rate rose to 6.66% this week, marking its highest level in a year.
The 30-year fixed mortgage rate rose to 6.66% this week, marking its highest level in a year.
An analysis of 2023 data found that the wealthiest renters in New York City receive the largest discounts from rent stabilization. The top 25% of earners in rent-stabilized units save 33% compared with the median rent, while the lowest three income quartiles save between 15% and 22%.
Commercial real-estate mortgage loan originations in the first quarter were up more than 50% from a year earlier, driven in part by an 80% increase in loans from deposit-taking institutions.
Wealthy insiders are amassing giant tax-subsidized balances by purchasing cheap startup shares in their retirement accounts. More than 1,000 Americans held individual retirement accounts worth at least $25 million in 2024, more than double the number in 2019.
The net asset value of U.S. private-equity assets stuck in funds at least a decade old reached an all-time high of $348.5 billion at the end of 2025. That is 3.5 times the amount in 2015 and more than 100 times that of 2005. The net asset value in the seven-to-nine-year-old bucket reached $512.7 billion in 2025, more than two times that of 2015.
Last year, four in every five U.S. stock mutual funds couldn’t beat the S&P 500.
Under the 21st Century ROAD to Housing Act, which passed into law last week despite President Trump’s refusal to sign it, investors who already own more than 350 family homes can’t buy any more from the existing housing stock. Eight large institutional investors were net sellers of more than 3,000 homes in the second quarter of this year, a fivefold increase in net-selling activity from the same period of last year.
So far this year, companies have sold $344.7 billion of new shares to investors, exceeding the full-year totals for each year from 2022 to 2025. AI hyperscalers are selling shares and debt to fund capital expenditures, which are expected to rise from $450 billion last year to over $800 billion.
In effort to soothe local opposition, architects plan data centers that resemble tech campuses or art museums, rather than bland boxes.