--First American Financial Raises Quarterly Dividend to $0.61 a Share From $0.55, Payable Oct. 5 to Holders of Record Sept. 28

The CEO of Lucid Group Inc. stated that the electric vehicle manufacturer has completed its collaboration with a restructuring advisory team, indicating that the troubled company now has a clearer path to turn around its operations.

According to Mortgage News Daily, the average 30-year fixed mortgage rate in the United States rose sharply to 7.24% on September 16, up 27 basis points from 6.97% a week earlier. On September 17, the rate slightly eased to 7.19%, but still remained significantly above the 7% threshold. Currently, existing homeowners in the U.S. face the dilemma of "losing their low-interest loans if they sell", leading to weak willingness to sell, high property prices, and a worsening housing market situation.