Housing market faces headwinds as mortgage rates move above 7%
Play ball! A joint venture between Bridge Investment Group and Pacific Development has scored $73 million of bridge debt to refinance its newly built Ballpark Apartments property in Reno, Nev., Commercial Observer has learned. SEE ALSO: Roof of Concept: Meet Jeff Thramann, a Data Center Disruptor Dwight Investment Management supplied the loan for the 368-unit…
HORMOZGAN, IRAN – SEPTEMBER 09: Iran’s medium-sized oil tankers continue to wait off the coast of Bandar Abbas at the Strait of Hormuz in Hormozgan Province, Iran on September 09, 2026. Fatemeh Bahrami | Anadolu | Getty Images Iran said four tankers struck mines in the Strait of Hormuz and Yemen’s Houthis claimed missile strikes…
The Reserve Bank of India plans to conduct a 26-day variable rate reverse repo (VRRR) auction for Rs 5 trillion on Friday to absorb surplus liquidity from the banking system. The funds are scheduled to be reversed on October 7. Banks will also have the option to seek premature reversal of the funds placed…
Reaza Ali (pictured top), national business development manager at Heartwood Financial Group, emphasized in a recent interview with Canadian Mortgage Professional that focusing too strongly on the national figures might not be the right approach for mortgage professionals in regional markets. “There are segments in the Canadian lending landscape and the Canadian real estate market…
EPR Properties Has Just Shared Game-Changing News (Rating Upgrade)
Mumbai: The Indian rupee ended at a six-week high of 94.46 Wednesday, 46 paise stronger than its previous close. Foreign portfolio inflows related to Jio Platforms’ IPO helped the currency extend its recovery, traders said. The rupee has gained 230 paise since the central bank announced measures to support the local currency on October 10….