When mortgage rates dropped last week to their lowest levels in two months, buyers pounced. After three weeks of mortgage applications falling, a Mortgage Bankers Association index tracking them surged 8.6 percent. The group’s refinancing index jumped even more, rising 10 percent from the previous week, though it was still 23 percent lower than it was a year ago. “MBA expects the […]

While businesses have been suing their insurers, commercial landlords have also been filing claims against tenants that have skipped rent, citing similar coronavirus losses. While no database tracks these cases, several recent rulings have gone against tenants. Movie theaters — one of the sectors the pandemic has pushed to the brink — have found little solace in the courts. In early […]

GreenStreet Cafe’s lunchtime rush had just ended on a recent afternoon, but the clamor of dishes in the kitchen hadn’t ceased. Business has finally picked up at the popular eatery in Miami’s Coconut Grove, known for its red velvet outdoor couches, a place where athletes and artists have dined over the past 30 years. Still, owner Sylvano Bignon is heated. A judge in March […]