Author: Jordan

For the first time in six weeks, the 30-year fixed rate mortgage declined, but it is still 9 basis points above one year ago at this time and 69 basis points over February’s low point, the Freddie Mac Primary Mortgage Market Survey reported.Processing ContentThe 30-year FRM averaged 6.67% on Aug. 13, down from last week’s 6.69%. A year ago, the 30-year FRM was at 6.58%.Meanwhile, the 15-year FRM moved back under 6% this week. It averaged 5.96%, versus 6.01% for the prior week but above last year’s 5.71%. “Housing affordability has improved from a year ago, and recent increases in…

Preity Zinta, set to make a comeback in ‘Batwara 1947’, has built a multi-crore real estate portfolio. Zinta reportedly purchased a 1,474 sq ft apartment in Bandra, in 2023. She sold the house for more than ₹14 crore in 2025. In 2026, she sold another property for ₹18.5 crore. She owns a villa in US reportedly valued at ₹40 crore. Source link

Mortgage rates edged down this week, snapping a six-week streak of gains, after weak jobs data and signs of cooling inflation lowered the odds that the Federal Reserve will hike benchmark interest rates next month.  The average 30-year mortgage rate was 6.67% this week through Wednesday, according to Freddie Mac data, from 6.69% a week earlier.  The 10-year Treasury yield, which mortgage rates closely track, was little changed this week after new data showed that the US unexpectedly lost jobs in July and annual inflation cooled slightly, in line with economists’ expectations.  The combination of a weakening job market and…

Vestand Inc. () announced that on July 30, it entered into a Stock Transfer Agreement to sell its 200 shares of common stock in Vestand Korea Co., Ltd. to Mr. Sang-Woo Noh. The shares were sold at KRW 5,000 per share, totaling KRW 1,000,000. The transaction comes as Vestand faces significant financial headwinds, with the stock down 99.6% over the past six months despite a recent 1-week surge. According to InvestingPro, which tracks over 1,400 financial metrics, the company holds a “WEAK” financial health score and is quickly burning through cash—critical factors for investors monitoring the $0.02 million market cap…

From Algorithms to Assets: Intellectual Property Strategies for AI SMEs Artificial intelligence is creating new opportunities for innovation and growth, but AI startups and SMEs also face complex intellectual property challenges involving software, data, patents, copyright, trade secrets, licensing, and commercialization. To help address these issues, World Intellectual Property Organization and International Telecommunication Union are launching a special edition of the Intellectual Property Management Clinic (IPMC) for AI-driven startups and SMEs. The program offers expert mentoring, workshops, and tailored guidance to help companies identify, protect, manage, and leverage their IP and other intangible assets for growth, investment, partnerships, and international…

On Monday, September 14, 2026, the Federal Reserve Bank of New York will host a hybrid event, in partnership with The Social Finance Institute, on impact-first investing. Impact-first investments seek the highest possible social impact, while aiming to preserve capital and deliver a modest financial return. Speakers will discuss the considerations involved when matching the means of investment to a particular challenge. The program will also feature a demonstration of a new tool to measure the potential impact and financial implications of incorporating impact-first investments into charitable giving strategies. The event will be of interest to investors, academics, and leaders…

Specialist buy-to-let mortgage lender, Molo, has reduced rates by 0.12% across its standard and specialist buy-to-let product ranges. Two-year fixed rates across standard buy-to-let now start from 3.09% and five-year fixed rates from 4.87%. For specialist buy-to-let, which includes holiday lets, HMOs, MUFBs and new build properties, rates start from 3.19% on two-year fixes and 4.97% on five-year fixes. Molo also continues to apply no rate premium for larger properties, including HMO/MUFBs with 12 or more rooms or units. Molo’s semi-commercial range remains unchanged, with rates from 5.65%. Pricing for non-UK residents and expat borrowers is also unchanged,…

If you bought something from an overseas vendor last year, it might be time to check your bank account.Shippers, including FedEx and UPS, that acted as customs brokers for imported packages and received tariff refunds from the U.S. government have started to pass on those refunds to the customers that originally paid the tariffs.The refunds to consumers are the last step in a months-long process that kicked off in February when the Supreme Court struck down sweeping tariffs implemented by President Donald Trump in March 2025 under the 1977 International Emergency Economic Powers Act on goods from almost every country.…

Molo has reduced rates across its standard and specialist buy-to-let mortgage ranges for UK residents by 12 basis points. The specialist lender’s two-year fixed rates for standard buy-to-let properties now start at 3.09%, while five-year fixed rates begin at 4.87%. The products are available to individual landlords and limited company borrowers. Rates for specialist properties, including holiday lets, houses in multiple occupation, multi-unit freehold blocks and new-build homes, now start at 3.19% for a two-year fix and 4.97% for a five-year fix. Molo said it would continue to apply no rate premium to larger properties, including houses in multiple occupation…

The approval allows Coinbase to arrange investment deals and provide custody services as it prepares to launch tokenised securities in the UAE. The digital securities will be backed by underlying shares and issued under ADGM”s regulatory framework. Coinbase  has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) , clearing the cryptocurrency exchange to establish an international tokenisation hub in Abu Dhabi. The approval allows Coinbase to arrange investment deals and provide custody services as it prepares to launch tokenised securities in the UAE. The digital securities will be backed by…