The average shelf life of a mortgage has nearly halved in just one month, dropping from 67 days to 37 days. This decrease is due to heightened competition among lenders and a surge in refinancing activity. Borrowers are advised to act quickly when securing a mortgage in order to take advantage of the current market conditions.
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Alpha Metallurgical Cuts Costs in Q2
Alpha Metallurgical Resources (NYSE:AMR) reported second quarter 2025 results with an adjusted EBITDA of $46.1 million from 3.9 million tons shipped, achieving a $10 per ton reduction in coal sales costs. The company improved liquidity to $557 million, restarted its share buyback program, and lowered its cost guidance, highlighting operational efficiency amidst declining met coal prices. Want More Context? 🔎
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