Finance & Mortgage

Higher Interest Rates May Be Bad for Borrowers but Good for the Nation

Whereas property prices fell steeply during the subprime mortgage crisis as an impact of the global financial crisis, increasing interest rates may be a good thing as an indication of economic recovery.

Five Things To Know Before Buying A House

In the same way as other different mortgage holders, inquiring about the home that is about to be purchased, what to search for in a house and area, what sort of home loan to get, programs for first-time homebuyers, what to ask the merchants, et cetera are a must. However, regardless of what is to be learned, there are small and often missed things in the home buying process that should be carefully taken into consideration.

China Leaves Russia High and Dry

The world thought that Russia and China were best friends being the two leading communist nations in the world. That may not be entirely correct as one of Russia’s biggest banks grumbles that China has foregone doing business with them due to Western sanctions.
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