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 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...
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...
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, 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...