There's been a quiet revolution going on in the mortgage market.
The big picture: In 2017, it took an average of 74 days to close on a mortgage, per LendingTree. In May 2019, the most recent month for which data is available, that number had come down more than 50%, to 36 days. The decline is a function of an increasing number of lenders embracing digitization. The surprise is that it took this long.
Democratic presidential nominee Joe Biden in Wilmington, Delaware, on Monday. Photo: Drew Angerer/Getty Images
Democratic presidential nominee Joe Biden had $177.3 million in the bank at the end of September, per the latest Federal Election Commission filings.
Why it matters: President Trump's re-election campaign reported having $63.1 million in the bank at the end of last month.
Illustration: Aïda Amer/Axios
An absentee ballot election worker stuffs ballot applications at the Mecklenburg County Board of Elections office in Charlotte, North Carolina, in September. Photo: Logan Cyrus/AFP via Getty Images
North Carolina can accept absentee ballots that are postmarked Nov. 3 on Election Day until Nov. 12, a federal appeals court decided Tuesday in a 12-3 majority ruling.
Why it matters: The 4th Circuit Court of Appeals' ruling against state and national Republican leaders settles a lawsuit brought by a group representing retirees, and it could see scores of additional votes counted in the key battleground state.