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Record Lows For Home Mortgage Rates

Nov 27, 2009
Interest rates for 30 year fixed rate mortgages are tied for the lowest rates ever, boosting home affordability. At the same time, adjustable rate mortgage interest rates hit record lows last week. See the following article from HousingWire for more on...

India's Recent Gold Purchase Sees $800 Million Increase In Value

Nov 27, 2009
India's purchase of 200 tonnes of gold from the IMF is already paying dividends with a $800 million increase in value. With 203 tonnes still on sale, even smaller countries are looking to buy gold, and replace some of their reserves of declining...

Commercial Real Estate Distress Increasing In Most Global Markets

Nov 27, 2009
The rise in distressed commercial real estate sales worldwide is likely to continue, as banks capitalize on opportunities to divest property debt, generating interest from distressed fund specialists. While banks don't appear to have stepped up the...

Underwater Mortgages Are The Main Cause Of Foreclosures

Nov 25, 2009
A recent study indicates that negative equity, not unemployment, is the primary cause for loan defaults. While unemployment can serve as a catalyst in increasing the likelihood for loan defaults, the report demonstrated that borrowers with negative...

Camelina Plant Offers Intriguing New Biofuel

Nov 25, 2009
Camelina, an indigenous plant to both Europe and Central Asia, is being explored as a potentially strong source of biofuels. A Japanese test flight demonstrated that camelina oil can be used for commercial flights, and central asia provides an ideal...


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