Plus, what to know if you’re thinking about taking out a HELOC. Getty Images/iStockphoto As home prices soared in recent years, homeowners enjoyed record levels of tappable home equity, which is the a...
Tag: Property
Can you avoid that 6% mortgage rate? Here’s what pros think will happen next with mortgage rates
What might mortgage rates look like this month? Getty Images This past week, average 30-year mortgage rates crossed the 6% mark — though many borrowers can still snag lower lower rates than that — aft...
Property Markets Rebound And Tencent Continues Buybacks, Week In Review
China Last Night KraneShares Week in Review Asian equities had a mixed week as the Hang Seng and Hang Seng Tech had a down week following further China lockdowns, however, Mainland markets were positi...
Hongkong Land CEO Steers Century-Old Property Firm To Biggest-Ever Bets On Mainland China
The mainland’s property crisis hasn’t deterred Robert Wong. The chief of the 133-year-old business says now is the time to be brave. At a time when few dare to invest in China’s beleaguered property m...
When It Pays to Have a Mortgage in Retirement—and When It Doesn’t
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Rental Property Market Growing Due To Film And TV Productions
BUKINGHAMSHIRE, UNITED KINGDOM – JULY 30: A general view of Pinewood studios on July 30, 2006 in … [+] Bukinghamshire, England. Eight fire engines tackled a blaze at the renowned film stud...
China’s Property Market Has Slid Into Severe Depression, Real-Estate Giant Says
Listen to article (1 minute) One of China’s largest developers said the country’s property market has tumbled into a severe depression, using some of the strongest language yet to describe the yearlon...
Here’s What a $2 Million Retirement Looks Like in America
For many Americans, retirement advice is limited to encouragement to save more or warnings that they haven’t saved enough. But most people get little guidance or give little thought to what to do with...
Singapore Tycoon Cheng Wai Keung’s Wing Tai Posts Robust Profit On Property, Uniqlo Contributions
A man exits a Uniqlo store at the Orchard Central shopping mall in Singapore, on June 3, 2018. Nicky Loh/Bloomberg Wing Tai Holdings—controlled by tycoon Cheng Wai Keung—said Thursday its net profit m...
‘Home prices where I live are close to $600,000.’ Is it a smart move to buy a house with all-cash — or better to take out a mortgage?
Dear Big Move, I’ve recently been thinking about purchasing my first home at 35. I have a nest egg of about $1.8 million that I’ve accrued over the past 14 years. This money is completely invested in...
U.K. Law Commission Calls For Separate Crypto Regulations as Part of English Property Law – crypto.news
The U.K.’s Law Commission is mulling several reforms to the country’s law to see digital assets categorized differently. Accordingly, the English legal reform body is deliberating on whether crypto as...
Chinese financiers skeptical of Beijing’s property rescue call
China’s efforts to free its economy from the weight of its troubled property sector seems to be getting new epilogues each day. The scare of a US-style 2008 collapse is pushing the government to intro...
Cities Should Welcome Tiny Homes As An Alternative To Homelessness
Chasidy Decker stands in front of her mobile tiny home in Meridian, Idaho. Institute for Justice In American communities where housing values are rapidly out-pacing wage growth, even people with good,...
What the Zillow fiasco can teach homebuyers and sellers about property pricing
What the Zillow fiasco can teach homebuyers and sellers about property pricing If you’ve ever wondered what you could get for your home, you probably pulled up the real estate listing site Zillow to c...
Alternative Vehicle Refueling Property Credit Limited Under Democrats Bill
While many businesses were excited to see the extension of the Alternative Fuel Vehicle Refueling Property Credit in the Inflation Reduction Act of 2022 (“IRA”) that President Biden recently signed, I...
Web3’s Promise of NFT Intellectual Property Rights ‘Far Off,’ Says Galaxy
World of Women is the only top-25 collection attempting to confer intellectual property rights on their NFT buyers Yuga Labs is a $4 billion NFT company that owns 63% of the implied market cap of the ...
Billionaire Yang Huiyan’s Country Garden Warns Profit Will Plunge 70% Amid China’s Property Crisis
Country Garden’s Fengming Haishang residential development in Shanghai, China, on July 12, 2022. Qilai Shen/Bloomberg Country Garden Holdings—controlled by billionaire Yang Huiyan and her family...
Embracer Group buys rights to ‘Lord of the Rings’ films, other Tolkien intellectual property
Still from “Lord of the Rings: The Fellowship of the Ring.” New Line Cinema Swedish company Embracer Group said Thursday that it agreed to acquire Middle-earth Enterprises, which owns worl...
Chinese property developers’ cash flows have plunged by more than 20%
Analysts generally expect state-owned enterprises will perform better than non-state-owned developers in the latest real estate slump. Pictured here in Guangxi, China, on Aug. 15, 2022, is a real esta...
‘I’m in a very lucky position’: I will receive a $300,000 inheritance. Should I pay off my mortgage or invest the money?
I currently owe $300,000 on my house with a 2.5%, 30-year mortgage. I am maxing out my retirement accounts — IRA and 401(k) — and looking to retire in less than 10 years. I will receive an inheritance...
Singapore Billionaires’ Property Firms Poised For Bumper Year Amid Post-Pandemic Hotel Rebound
People take photos in front of Singapore’s Merlion statue. ROSLAN RAHMAN/AFP via Getty Images Real estate firms controlled by Singapore billionaires are headed for a bumper year, bolstered by a ...
Duke Energy Sees a Bright Future for Nuclear Power
I figured I’d put the uranium rods near the basketball hoop. Water from the nearby garden hose would serve as both the coolant and the moderator, slowing the neutrons enough to keep my chain reaction ...
NFTs and intellectual property, explained
Some of the biggest NFT collections out there right now — Bored Ape Yacht Club among them — have given full intellectual property rights to users. This is a significant (and you co...
Property Firms Owned By Tycoons Kwek Leng Beng, Mochtar Riady Post Robust Earnings As Hotels Recover
The 1,080 Hilton Singapore Orchard opened in February in time for the resumption of international … [+] travel into the city-state. Courtesy of Hilton Real estate companies controlled by Singapo...
Property Billionaire Manuel Villar Is On A Roll With New Casino And Media Ventures
Philippine real estate billionaire Manuel Villar quickly moved on after losing the 2010 presidential election, and now is No. 2 on the Philippines’ 50 Richest list, at $7.8 billion. Twelve years ago, ...
Bank of America draws mixed reviews for zero-down-payment mortgages aimed at boosting Black and Hispanic home ownership
Bank of America Corp. is drawing a mixed reaction in social media to a zero-down-payment mortgage program aimed at bringing first-time home ownership within closer reach of more African American and H...