The U.S. housing market experienced a major slowdown in 2023 as the Federal Reserve raised interest rates to help curb inflation. In response, mortgage rates exceeded 7.5% for the first time in decades, forcing many buyers out of the market. Signs of Recovery Despite last year’s downturn, a report by the National Association of REALTORS®…Read more
A Question of Confidence The U.S. labor market is strong, inflation is cooling, strong consumer spending has spurred economic growth, and the stock market is at record highs. So why are companies hoarding cash? Companies increased their cash savings by 13% in the first half of 2023, to the tune of $2.4 trillion, and scaled…Read more
Chickens Are Coming Home to Roost The U.S. commercial real estate market is finally poised to pick back up after years of muted transactions. More deals sound like a good thing, right? But for commercial real estate lenders, it could be a double-edged sword. Trillion Dollar Triage The pandemic sparked a massive transition to work…Read more
