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Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates
Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates
Affordability-aiding lower mortgage rates battled a sentiment-sapping surge in geopolitical panic in March, with analysts expecting the latter to outweigh the former with a modest 0.7% MoM decline (after January's plunged - weather? - and February's modest rebound).
The analysts under-estimated the fear from war-mongering as existing home sales plunged 3.6% MoM (down bigly from an upwardly revised 2.7% MoM jump in Feb). That is the second biggest drop in existing home sales since Nov 2022...
Source: Bloomberg
That dragged Existing Home...
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Apr 23, 2026 / Tyler Durden
UK High Court Backs Facial Recognition Rollout
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Authored by Kit Knightly via OffGuardian.org,
Yesterday evening, the UK’s High Court ruled in favour of the Metropolitan Police in a legal challenge pertaining to the use of Live Facial Recognition Technology (LFR) across London’s transport network.
The case had been brought by Silkie Carlo of Big Brother Watch and Shaun Thompson, a youth worker who was previously misidentified by the technology, “over concerns it could be used arbitrarily or in a discriminatory way”.
Specifically, their lawyers argued that the current powers claimed by police governing the...
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