Tag Archives: Housing

Mortgage rates drop to 2-month low—an unexpected holiday gift to housing

Americans may be losing money in their stock portfolios this week, but they are gaining purchasing power in the housing market. Mortgage rates are falling sharply, as investors head to the relative safe haven of the bond market. Mortgage rates follow loosely the yield on the 10-year U.S. Treasury. The average rate on the popular 30-year fixed has fallen 21 ... Read More »

Saudi’s $19 Billion Stimulus Will Prioritize Housing and Small Business

Saudi Arabia on Thursday unveiled a 72 billion-riyal ($19.2 billion) program to bolster private-sector growth, with money to support housing construction as well as fee waivers for small businesses, Commerce and Investment Minister Majid Al-Qasabi said. The package, part of a four-year, 200 billion-riyal stimulus program announced last year, contains 17 separate initiatives the government hopes will result in direct and ... Read More »

Housing Co-Founder Advitiya Sharma Quits: Report

Advitiya Sharma, co-founder and former board member at property listings platform Housing.com, has quit the company to start a new venture. The development was reported on Wednesday, as an internal email marked to CEO Jason Kothari and Housing.com employees. “It is with great attachment that I choose to detach, and walk a different path,” writes Sharma in the letter that ... Read More »