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Meet the home buyers totally unfazed by 7% mortgage rates

Individual investors and second-home buyers accounted for 1 in 5 home purchases in September — the highest share in a little over a year.

Meet the home buyers totally unfazed by 7% mortgage rates

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General American Investors Financial Chief Purchases $71,040 Preferred Stock. Is This Closed-End Fund a Bargain?

Samantha X. Jin, Treasurer/PAO/PFO, acquired 3,000 shares across direct and indirect accounts, expanding beneficial ownership to 14,345 shares.

  • Samantha X. Jin, GAM Treasurer, bought 3,000 shares of preferred stock on September 17, 2026.
  • Preferred stock purchase valued at $71,040, with current market price at $65.02 per share.
  • GAM operates as a closed-end fund with 13% discount to net asset value.

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