The post With Rising Interest Rates, Do Adjustable Rate Mortgages Make Sense? appeared first on Weekly Real Estate News.
With Rising Interest Rates, Do Adjustable Rate Mortgages Make Sense?
Economy
Bank poised to hike interest rates as inflation remains unchanged at 8.7%
Borrowers have been put on notice for further Bank of England interest rate rises after inflation in the UK unexpectedly remained stuck at 8.7% in May, adding to the pressure on households suffering a surge in mortgage […]
Commercial Real Estate
Facing “Unprecedented Challenges” And Soaring Rates, PIMCO-Owned Landlord Defaults On $1.7 Billion In Office Mortgages
Amid the recent record surge in interest rates, the residential housing market may have frozen – as the gap between bids and asks stretches to unprecedented levels – but it is hardly in freefall, courtesy of several […]
Financial Markets
Ackman’s Pershing Square reaps $2.7 bln from rate trade but down 9% in 2022 -letter
LONDON, Feb 10 (Reuters) – Billionaire investor William Ackman’s Pershing Square fund reaped $2.7 billion on interest rate trades in 2022, but not enough to plug losses and the fund finished the year down almost […]