Investing

Global Real Estate: Slowing Chinese Investment in New Zealand Only Temporary

Chinese investment in New Zealand went down a notch since last October due to new buyer restrictions implemented by the Reserve Bank. The said slowdown is only temporary, according to a head of a company that facilitates the overseas property purchases of Chinese buyers.

San Francisco Plans to Double-up On Requirements for Affordable Housing

A plan to require housing developers to provide twice the number of affordable units is set to be unveiled today.

Average Long-term US Mortgage Rates Show Mixed Movement; 30-year Fixed-rate Mortgage Rate Down to 3.97 This Week

The key 30-year rate now below the 4 percent mark. While the cost of borrowing money are still below previous record average of 6 percent for a 30-year loan, the average rate on a 30-year fixed-rate mortgage has been modestly rising and falling in the previous weeks.
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