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US existing home sales sink to 14-year low

ISTANBUL: US existing home sales fell 1% in September, compared to the previous month, sinking to the lowest level since 2010, according to a report by the National Association of Realtors (NAR) on Wednesday.

Existing home sales, which measure the ch…

Mortgage applications in US fall to lowest since July

ISTANBUL: US mortgage applications declined last week, hitting their lowest since July, according to a Mortgage Bankers Association (MBA) report released Wednesday.

The market composite index, a measure of mortgage loan application volume, fell 6.7% …

Deutsche Bank announces $1.46B profit in Q3

BERLIN: Frankfurt-based Deutsche Bank announced on Wednesday a $1.46 billion in net profit attributable to shareholders in the third quarter of the year, up 11% and above expectations, which came after the bank’s 15th consecutive quarterly profit stre…