Columbia Banking System Inc

U.S. mortgage rates edged down slightly, with the 30-year fixed average at 6.43%. However, purchase applications declined and the median monthly payment rose, highlighting ongoing affordability challenges.

David Moss, manager of Columbia Threadneedle UK High Income trust, has bought shares in LSEG, dismissing AI fears as overblown. The trust trailed its benchmark with an 18.3% return.