AI’s housing impact is strong — but highly localized

Newcastle for Intermediaries has expanded its affordability boost proposition to include eligible new-build purchase applications up to 95% loan to value (LTV). The change applies to eligible first-time buyers, homemovers and existing customers purchasing a new-build property. The affordability boost allows customers who choose a qualifying longer-term fixed rate mortgage to be assessed using…

Mutual fund investors often begin with a clear target. It could be building a retirement corpus, funding a child’s education or simply earning returns that stay ahead of inflation.   However, that target can change when investors start comparing their fund with another scheme that has delivered higher returns.   Radhika Gupta, managing director and…

There’s nothing quite like a bold target to focus attention, and Project 28 has certainly given the property industry one. Its ambition to reduce the period between sale agreed and exchange to 28 days is commendable, if ambitious, especially when you take into account that the current average is four times that number. Getting anywhere…

The Nasdaq-100® (NDX®) is a globally recognized index of 100 of the most innovative large cap companies listed on the Nasdaq Stock Market®. Widely used as a benchmark for the technology sector as well as US large cap growth, it’s one of the most tracked indexes in the world from an investable product standpoint, with…

Moshe Popack’s YMP Real Estate Management has secured $30 million to refinance Park Towers, a 210-unit multifamily complex in Miami, Commercial Observer can first report.  Valley National Bank provided the loan, structured at a fixed-rate of 6.09 percent, while Meridian Capital Group’s David Hayum and Michael Farkovits arranged the transaction. SEE ALSO: Bridge Investment Group…