News

Famous Illusionist Penn Jillette Lists Colorful Las Vegas Residence for $2.1 Million

Penn Jillette of Penn and Teller, the famous magician duo has reportedly put his candy-color Las Vegas compound on the open listing market for a good $2.1 million.

Palm Beach’s Most Expensive Home Sells at 43 Percent Discount

Late in 2011, the most expensive home of Palm Beach, Florida came onto the open market with an asking price of $74 million. Sitting unclaimed for more than a year, the mansion has finally found a buyer, who apparently snagged it for a great 43 percent discount, paying just $42 million for the luxe pad.

Mongolian Central Bank Halving Mortgage Interest Rates

The Central Bank of Mongolia will slash down mortgage interest rates almost by half to 8 percent from the existing 15 percent in order to support and substantiate growth in the middle-class sector of the country. The rates are expected to come into effect by June 17.