Finance & Mortgage

'Real Estate Predictions: Mortgage Rate Hike Forecasted To Favor Investors In Denver Property Market

Last December 16, the Federal Reserve announced an increase in their interest rates. The said hike is generally expected to raise mortgage costs but experts are assuring prospective homeowners in Denver not to worry. The upcoming months may be a great time to put their money into a home as they are predicting that the Fed hike will possibly bring the real estate market's supply and demand more into balance and that it could work in favor of investors.

'Australian Taxation Office Investigating 30 Years Worth of Real Estate Deals

The Australian Taxation Office (ATO) plans to probe 30 years of real estate deals announcing to pull details of all property transactions dating back to 1985, covering about 900 million records of 11.3 million individuals, Reb Online reports.

'Sales Value of Auctioned Properties In Singapore Hits 5-year High

It's been the highest value for sold auctioned properties in the past five years at $107.27 million, but the number of sales has not improved, Straits Times reports.
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