Friday, 01 May 2026

Investing

Swiss Banks to Hold Extra Capital to Cover Mortgage Risks

The Government of Switzerland has made it mandatory for all the banks of the country to hold extra capital to cover the risk of mortgage loan default. The decision comes in the wake of fears of an emerging housing bubble in the country.

Norway’s Oil Fund Investing in First U.S. real estate

The Norwegian oil fund, the world's largest sovereign-wealth fund, bought $600 million real estate in New York, Washington and Boston, with 49.9 percent of the properties on a joint venture with TIAA-CREF, the retirement account for non-profit institutions, reported Bloomberg.

Philadelphia to Get New Student Skyscraper

Philadelphia, the city of Brotherly love is all geared up to get its new exclusive student skyscraper at the Cira Centre, on the southern side of University City section. Campus Crest Communities Inc., Brandywine Realty and Harrison Street real estate capital will be teaming up to create the $ 158 million project.

EDITOR'S PICKS

FBI to Move Headquarters; Looking for Better Sites

The FBI is geared up to shift base from its existing J. Edgar Hoover building in Pennsylvania Avenue, Washington D.C. The G.S.A announced in a press meet that it was looking for developers to buy the building.
By Rapti Gupta
China home price inflation quickens in Jan - survey

Average home prices in China's 100 biggest cities rose 1 percent in January from December, quickening from the 0.2 percent pace in the previous month and marking the eighth consecutive monthly rise, a private survey showed on Friday.
By Staff Reporter
Spain real estate hit to weigh on BBVA 2012 earnings

BBVA, Spain's second-biggest lender, is expected to report sharply lower earnings on Friday as growing income from emerging markets will not be enough to offset losses from soured property assets at home.
By Staff Reporter
Fed's Bullard paints upbeat picture for 2013 growth

The U.S. economy is on track for a better performance this year and improving growth will put the Federal Reserve in a position to slow or halt its massive bond-buying program, a top central bank official said on Friday.
By Staff Reporter
European Real Estate Deals Reach $59 Billion

Investment volumes in European commercial real estate reached 43.7 billion euros ($59 billion) in the fourth quarter of 2012, the highest quarterly level of since 2007, said realtor Cushman & Wakefield on Wednesday.
By Staff Reporter
Home Prices Rise in November, Most Since 2006

Home prices rose 5.5 percent in November compared to a year ago, according to report by the Case Shiller index released Tuesday.
By Staff Reporter
New Home Sales in 2012 Highest in 3 Years

Sales of new homes dipped in December from November, but overall sales for 2012 were the best since 2009, according to a government report released Friday
By Staff Reporter
Top 5 U.S. States with Most Homes in Foreclosure

As the housing economy continues to rebound, foreclosures in the U.S. have also declined. Marketwatch compiled a list of states with homes in most foreclosure. Florida leads the list with highest percentage of foreclosing activity.
By Rapti Gupta
Mortgage Brokers Unhappy with New CFPB Rules

In addition to the qualifying mortgage rules announced earlier in January, CFPB has announced a new set of rules and regulations for mortgage brokers and loan officers. The new rules have been highly criticized by the NAMB- The Association of Mortgage Professionals.
By Rapti Gupta
30-year Fixed Mortgage Rates Surge Slightly This Week

Mortgage rates remained flat last week. However, in a recent analysis by Zillow® Mortgage Marketplace, it was found that 30-year fixed mortgage rates had inched up a little after almost a year of stagnancy.
By Rapti Gupta