Finance & Mortgage
London Home Prices Reach Record High in June on Foreign Investment
U.S. Mortgage Rates Hit a 2-Year-High
Fannie Mae Selling Mortgage Bonds Worth $1 Billion
EDITOR'S PICKS
-
Developers Apologize After Accidentially Demolishing House Where AC/DC Got Together
-
US Housing Affordability Unlikely To Improve Until Prices Fall 40%, Wages Increase 70%: Expert
-
Meghan Markle And Prince Harry's Montecito Mansion Now Valued At $29M
-
US Housing Supply Hit Four-Year High - But Only Because Homes Are Failing To Find Buyers
Hong Kong’s property sector is the most expensive real estate market of the Asia Pacific region. Home prices have been high since 2009 due to lack of steady supply, low interest rates and the influx of Chinese buyers in the region. To cool the conditions down, the government had introduced various measures in the past few months. But has the government actually achieved its target with these curbs? How have these measures affected the market? Singapore Introduces New Home Loan Regulations
In an effort to cool down the heated real estate market of the country, the government of Singapore has introduced a new set of rules and benchmarks for banks before granting a home loan to an individual. Thomson Reuters Launches Two New Investable Real Estate Indices in Asia Pacific Region
Thomson Reuters, a leading business intelligence firm has teamed up with Global Property Research (GPR) and Asia Pacific Real Estate Association (APREA) to launch two new investable real estate indices that are a part of its larger composite family launched in January 2013. US Mortgage Rates Fall After Two-Month Increase
Mortgage rates in the U.S. fell slightly after inching up for the past two months. However, experts believe that the fall is only brief and rates will surge depending upon the Federal Reserve’s decision to cut down its bond purchasing scheme, according to several media reports. Speculation on Fannie Mae and Freddie Mac’s Future Continues
The American administration has been speculating the future of two famous government-backed mortgage lenders, Fannie Mae and Freddie Mac since 2011. Though the pace at which decisions about the two entities are being made is slow, the government is diligently working on various proposals to determine a new future for the now-profitable lending giants. UK Commercial Property Values Jump in May Ending 18-month Lag
Commercial property values rose in the U.K. in May marking the end of an 18-month lag in the sector, according to a property index of Investment Property Data, a real estate intelligence firm. US Home Foreclosures Up 11 Percent in May
Foreclosure activity in the U.S. hiked to reach 11 percent in May, up 2 percent from the figures of April but still down 29 percent from the figures recorded a year ago, according to the data released by real estate intelligence firm, RealtyTrac.com. Home Prices Spike 9.2 Percent in Dubai, Knight Frank Report
A recent study conducted by famous real estate intelligence firm, Knight Frank found that property prices had spiked 9.2 percent in Dubai in the first quarter of 2013, making it the second-best performing real estate market in the world. Mongolian Central Bank Halving Mortgage Interest Rates
The Central Bank of Mongolia will slash down mortgage interest rates almost by half to 8 percent from the existing 15 percent in order to support and substantiate growth in the middle-class sector of the country. The rates are expected to come into effect by June 17. Carlyle Group LP Planning to Raise $4 Billion for Seventh Real Estate Fund
Carlyle Group LP, the famous American private equity firm is reportedly planning to raise $4 billion for its seventh real estate fund. The target, if achieved, would make it the firm’s largest property fund since the financial crisis.
