Mortgage rates fell slightly last week despite a big jump in bond market volatility. The average 30-year fixed mortgage rate was 6.65% this week through Wednesday, down from 6.67% a week earlier, according to Freddie Mac. The small drop came during a very unstable week for the bond market. Long-term US government bond yields moved … Read more
NEW YORK — Normally quiet, the bond market can occasionally send warning signals loud enough to hit stock markets worldwide and even grab the attention of U.S. presidents and other world leaders. An alarmed bond market gets the Trump administration to act again After the bond market’s alarm bells rose in volume through the summer, … Read more
A potentially enormous tungsten resource has been identified beneath the Nevada desert, but a NASA land restriction could prevent the company behind the project from fully exploring or developing it.3 Proton Lithium, a privately held critical-minerals developer, says its Railroad Valley Minerals Project contains an inferred tungsten resource of approximately 1.78 million tonnes. If future … Read more
Image source: X/Kyiv Independent Russian drone strikes a city, killing at least 5 people and injuring 19 others market An incident took place in the Ukrainian frontline city of Nikopol on Saturday morning, the Prosecutor General’s Office of Ukraine said.Earlier, the region’s governor, Oleksandr Ganja, said in a Telegram post that three women and two … Read more
Oil prices cross $100, markets in trouble: How Iran war could hit Indian investors $240 billion Indian stocks plunge on geopolitical tensions middle East triggered a wave of global financial uncertainty, according to market The latest sell-off wiped out nearly $240 billion in investor wealth in just one week, according to data compiled by the … Read more
Bed life in Dubai criticized as new law imposes fines of Dh500,000 to Dh1 million Dubai has launched a sweeping new law aimed at regulating shared housing and zoned living arrangements, with violators facing fines of up to Dh500,000 and repeat offenders facing fines of up to Dh1 million. The legislation marks one of the … Read more
Will Dubai house prices fall? The founder of Emaar gives a bold answer Despite rising geopolitical tensions middle East Dubai’s real estate sector remains resilient amid concerns over economic stability amid the US-Israeli war with Iran, industry leaders say. Mohamed Alabbar, founder of Emaar Properties, recently said there was “nothing to worry about” in Dubai’s … Read more
Dubai apartment sales hit AED 422 million, third highest ever, amid regional tensions Ultra-luxury properties in Dubai market Another notable milestone achieved. Apartment sales in the emirate of Dubai hit Dh422 million, the third most expensive residential apartment transaction in its history, despite geopolitical tensions rippled across the Middle East, highlighting the extraordinary resilience of … Read more
UAE food stocks update: Are supermarkets sold out amid tensions between Iran, US and Israel? Amid rising geopolitical tensions in West Asia, including a recent missile exchange between Iran, the United States and Israel, unsettling Gulf cities and triggering alarm in the region, the United Arab Emirates assured the public that its markets remained stable … Read more
UAE Real Estate 2026: Is now the time for first-time home buyers to enter the market? Property in the UAE in 2026 market is entering a new chapter of demand, innovation and opportunity, with first-time homebuyers playing an important role in reshaping how residents own property. Many long-term residents who once tended to rent or … Read more