Finance & Mortgage

Downtown Brooklyn Office Rents Jump by 30%, the Biggest Spike it has Reached in a Decade

According to a recent research conducted by the multinational real estate firm Newmark Grubb Knight Frank, the office asking rents in North Brooklyn rose to a historic high of $51.99 per square foot in last year's fourth quarter.

New Reverse Mortgage Laws Provide Investment Protection

Reverse mortgages have been getting nods from media in the past months as recent laws protecting homeowners and reducing chance of foreclosure or eviction have been passed, Huffington Post reports.

Nationwide Sets Up Online Resource To Guide Intermediaries With New Mortgage Directives

An online resource dedicated to help intermediaries get to grips with the imminent arrival of Mortgage Credit Directive was set up by Nationwide, FT Adviser reports.
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