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Top Headlines: Delivered by Leonard Steinberg

May 15, 2024

01  U.S. investors are buying up London commercial property at the fastest rate in eight years.

(Reuters)

02  "Hard work is essential to make an idea come to life."

– Martha Stewart

03  SPAVING? Yes, this is the term used to describe those who spend more to save more.....buy three, get the fourth free.....

(CNBC)

04  APPLE and Real Estate may have something in common:  Apple sold less, but prices were higher....ie:  higher prices are fueling profits but not really a response to higher production/materials/labor costs? Some might call this artificially fueled inflation....  Sherwin Williams - the paint company - plans to raise prices too to cover lower demand....

(BARRONS)

05  The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 7.18% from 7.29%, with points unchanged at 0.65 (including the origination fee) for loans with a 20% down payment.