Source: CNBC — It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the popular 30-year fixed mortgage climbed over 7% at the end of last week, according to Mortgage...
Source: Yahoo Finance — A hedge fund manager who correctly timed the crash of the US housing market and a crypto currency rally eight years ago thinks he’s found his next overlooked investment: Venezuelan debt. Bonds the country defaulted on nearly five years...
Source: Fitch Ratings —Â Fitch Ratings-New York-10 October 2022: Fitch Ratings estimates that U.S. home prices were overvalued by 12.2% for 2Q22 on a population-weighted average basis, according to a new Fitch Ratings report. Fitch expects that the overvaluation...
Source: Binance Academy — Introduction The concept of the metaverse and digital real estate go hand in hand. But like many crypto trends, media coverage hasn’t provided sufficient clarity. Just as it is with any other investment, it’s crucial to grasp the...
Source: The Guardian — The phone has all but stopped ringing at Mullucks estate agent in Bishop’s Stortford – except for calls from buyers with bad news about collapsing chains. Since the chancellor Kwasi Kwarteng’s mini-budget two weeks ago, a chill has spread...
Source: Yahoo Finance — If you thought USDA loans were just for rural farmers, you wouldn’t be the first person to make that mistake. After all, the program is available through the United States Department of Agriculture, and the Rural Development (RD)...