US mortgage applications decline with a drop in refinancing -MBA

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US mortgage applications decline with a drop in refinancing -MBA

U.S. applications for home mortgages declined last week as refinancing dropped to its lowest level since February 2020 with fewer homeowners able to take advantage of lower rates during a holiday-shortened week. The Mortgage Bankers Association …
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Dubai Tycoon Makes $599 Million Offer to Take Damac Private

Dubai-based billionaire Hussain Sajwani offered to take over the rest of Damac Properties PJSC at a discount of nearly 45% to the developer’s local listing in 2015, the latest bid to buy out minority shareholders in the United Arab Emirates over the past year.
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Ex-NJ Lawmaker to Challenge Murphy for Governor's Second Term

Phil Murphy, center, attends a rally in Union City, New Jersey, U.S. on June 5. Photographer: Paul Frangipane/Bloomberg. Murphy also is overseeing
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Spanish EV charger maker Wallbox to go public in $1.5 bln New York SPAC deal

The deal is slated to close in the third quarter and will include a $100 million investment from Kensington along with Janus Henderson Investors, Luxor Capital and Cathay Innovation. The Barcelona-based company could become the …
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El Salvador is the first country to adopt bitcoin as legal tender

A majority of lawmakers have approved a proposal from Salvadorian President Nayib Bukele that will allow bitcoin to be used as legal tender in the country alongside the US dollar. The law states that “all economic …
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