Mortgage & Rates: Freddie Mac says the average 30-year US mortgage rate rose to 6.55%, the highest in nearly a year, as higher bond yields (linked to the Iran-related oil shock) squeeze affordability. China Property Finance: Reports warn China may be sliding toward a liquidity trap—cheap credit and bank liquidity aren’t reviving demand—while another analysis argues regulators are starting to “divorce” property developers from banks, a major shift for real estate-linked lending. Commercial Real Estate Capital: Kansas’ proposed hyperscale data center “Flint Hills Digital Campus” faces scrutiny after a key promoter testified he wasn’t familiar with the project, underscoring due-diligence risks for land and tax-driven deals. Global Deals & Development: Saudi’s Knowledge Economic City sold Madinah plots for a mixed-use fund-backed project, while WeWork India posted Q1 FY27 results showing revenue growth but continued pressure from lease and finance costs. Housing Market Signals: India’s Prestige Estates launched three projects with Rs 12,000 crore revenue potential, and a separate report highlights hospitality’s growing weight in India’s real estate rankings. Policy & Planning: Canada’s Hemmingford paused a golf-course redevelopment after its bylaw failed provincial alignment and resident consultation concerns. Enforcement & Risk: Nigeria’s EFCC secured final forfeiture of 52 Lagos homes in Lekki, and a Gurgaon court criticized an investigating officer’s probe into a multi-bank loan dispute over the same plot.