Author: Jordan

Triple Flag Precious Metals announced that its wholly owned subsidiary, Triple Flag International, has entered into an agreement to acquire a gold stream on the producing Ravenswood Gold Mine in Queensland, Australia for $440 million in upfront cash consideration. The transaction gives Triple Flag the right to purchase 5.5% of payable gold from the mine, with the stream percentage declining after certain delivery thresholds are reached. The company will make ongoing payments equal to 10% of the spot gold price for each ounce delivered until 194,200 ounces have been delivered, and 20% thereafter. Triple Flag said the acquisition adds immediate…

The Mortgage Works is cutting rates by up to 0.20 percentage points on selected two and five-year fixed rate products for new and existing customers across its limited company buy-to-let range. The new rates will be effective from tomorrow, Thursday 26 February. New business limited company buy-to-let rates include: Two-year fixed rate (purchase, remortgage and further advance) at 3.74% (reduced by 0.20%) with a 3% fee, available up to 75% LTV with free valuation. Two-year fixed rate (purchase, remortgage and further advance) at 4.74% (reduced by 0.15%) with a £1,495 fee, available up to 75% LTV with free valuation. Five-year…

Key Takeaways Americans ages 65–74 have a median net worth of $410,000, the highest of any age group.About 76% own a home and 51% have a retirement account, making home equity and savings the biggest drivers of wealth at this stage.Debt is less common but still present, with roughly 65% carrying some debt and about a third holding a credit card balance. Get personalized, AI-powered answers built on 27+ years of trusted expertise. How Wealthy Are Americans Ages 65–74? Americans ages 65–74 are typically in retirement or just a few years removed from full-time work, making this a key moment…

Gold prices are expected to remain range-bound in the coming week as investors track major central bank meetings, developments in US-Iran negotiations and movements in crude oil prices, analysts told news agency PTI.Market participants will closely monitor policy decisions by the Bank of Japan, the US Federal Reserve and the Bank of England, along with inflation readings from the UK, the Eurozone, Germany and Japan for clues on the global interest-rate outlook.Analysts said the fate of the proposed US-Iran agreement will remain one of the most important drivers for bullion markets.”A close eye will remain on the finalisation of the…

If you’re thinking about getting a HELOC but have decided to hold off until rates move lower, you could find that what you’ve waited for all along is higher interest rates. According to the CME Group’s FedWatch tool, the probability that the Fed will raise rates grows with each meeting throughout this year. The probability of a June increase is 0%. But look ahead two meetings: the probability rises to 26.5% in September and finally to 41.6% by December. Learn more: How Fed rate decisions affect your money Find out how HELOC and home equity loan interest rates work and…

Key Takeaways In stark contrast to trends observed for homeowners under age 65, mortgage use among homeowners age 65-plus has risen steadily in recent years. Between 2000 and 2022, mortgage use by homeowners age 65-plus rose by 28.5 percent. The use of mortgages among older homeowners is rising almost everywhere, but the extent of this rise varies dramatically by state. It is imperative that policymakers and business leaders develop policies and practices that promote an equitable mortgage market that fosters affordable homeownership and economic security for every generation. Contrary to their younger counterparts, American homeowners1 over age 65 are increasingly…

The labor market is strong and the economy appears to be holding up in the face of the Iran war, but under the hood of the stock market, more ominous signals are flashing, according to Jim Paulsen. The Wall Street veteran and the former chief investment strategist of The Leuthold Group said while the jobs report signals a strong economy, the stock market is flashing a warning. “Despite a small increase in employment, the relative price of employment services stocks has not shown any sign of improvement in overall job conditions,” Paulsen wrote in a Substack post on Tuesday. “The…

From a high point on the hill, the North Yorkshire landscape unrolls below. The moorland above gives way to grassland, trees and then pasture, divided by the region’s traditional dry stone walls.The view may be idyllic, but it belies the condition of parts of this land, belonging to the sprawling 1,100 hectare (2,500-acre) Broughton Sanctuary estate, near Skipton.The area, however, is about to undergo a transformation as an ongoing rewilding project gets funding from the investment fund Rebalance Earth.This is the latest scheme for the firm, which calls itself a “natural capital asset manager” and which aims to treat nature…

Here’s your weekly round-up of UK mortgage rate and product changes from the past seven days:  Coventry for intermediaries cut selected residential and buy-to-let mortgage rates by up to 12 basis points (bps), introducing deals including a 5.52% five-year fix at 95% LTV with no fee and £500 cashback for first-time buyers, and a 5.23% five-year fix at 75% LTV with a £1,999 fee for limited company buy-to-let. Fleet Mortgages reintroduced zero-fee and fixed-fee five-year fixed-rate buy-to-let mortgages at 75% LTV, priced at 5.89% and 5.59% respectively, with a £3,999 fee on the lower-rate option, available across Standard and Limited Company ranges…

Rock Developments has announced the organization of its third major event at its prestigious project, Rock Gold, located in the Golden Square area of New Cairo. The event will feature live screenings of the FIFA World Cup 2026 matches on a MEGA screen, complemented by a vibrant atmosphere and a wide range of interactive experiences and entertainment activities. The initiative reflects the project’s growing success in positioning itself as a destination of choice for visitors and clients even before its official opening Commenting on the event, Eng. Emad Doss, CEO of Rock Developments, stated that hosting the third event at…