Investing

Foreign Investors Jumping into US Rental Market

As the housing economy of the U.S. is recovering, the rental markets are raking in a larger number of foreign investors. A new trend of foreign investment firms purchasing property in the U.S. and renting them out for a profitable price has kicked off recently. The increasing availability of property and weak dollar rates make the U.S. market safe for the investors.

China restates plan to extend property tax programme to new cities

China's cabinet on Wednesday restated its intention to extend a pilot property tax programme to more cities and urged local authorities again to put price control targets on new homes, in the latest effort to calm frothy real estate markets.

JPMorgan Chase To Sell Melbourne Mortgage Banking Program

JPMorgan Chase announced it will sell Melbourne mortgage banking, reported Florida Today. JPMorgan Chase announced it will sell Melbourne mortgage banking, reported Florida Today.
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