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Business, Real Estate

“Blackstone head Steve Schwarzman plans to spend billions buying up dorms, warehouses, and data centers across Europe…”

“…The private-equity firm with roughly $1 trillion in assets under management plans to invest in real estate across Europe, Schwarzman told Bloomberg on Monday after the Global Investment Summit in London. Blackstone has raised about $200 billion in recent months, according to Schwarzman, who… Continue Reading…

Real Estate

“Mortgage demand drops to the lowest level since 1996, as interest rates head toward 8%”

“…Mortgage rates just continue to climb higher, taking a particularly big leap last week. As a result, total mortgage demand fell 6% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index… Applications for a mortgage… Continue Reading…

Real Estate

“Mortgage demand plunges 13.2% to end 2022, as interest rates head higher again”

“…Mortgage application volume was down 13.2% at the end of last week from two weeks earlier, according to the Mortgage Bankers Association’s seasonally adjusted index. The MBA was closed last week due to the holidays. The average contract interest rate… Continue Reading…

Investing, Personal Finance

Into The Stock Market: Head First

For better or worse I’ve always been the type of person that disregards strategic maneuvers and tackles situations head on. I’ve always had a slight interest in the stock market and I see no time better than the present to… Continue Reading…