Floyd Mayweather drops lawsuit against Jona Rechnitz
The legal brouhaha between boxing legend Floyd Mayweather Jr. and his former investment manager Jona Rechnitz appears to be over. Mayweather dropped the civil lawsuit he filed in May against Rechnitz, the boxer’s attorney, Leo Jacobs, confirmed to The Real Deal. It’s unclear if Mayweather plans to r
Climbing mortgage rates widen NYC’s buyer divide
A 7 percent mortgage rate would normally be enough to throw cold water on a housing market. In New York City, it’s widening the gap between buyers who can shrug off higher borrowing costs and those who can’t. The average rate on a 30-year fixed mortgage climbed above 7 percent for the first time in
The Correction Will Get Even More Severe | Sept. 2026 Housing Market Update
More homes are for sale now than any time in the past six years. Mortgage rates just shot up to above 7% with no relief in sight. Markets are seeing […]
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