Mortgage rates are moving so fast and so dramatically that even reports from barely a week ago seem suddenly outdated. The average rate on the 30-year fixed conforming loan moved to its highest level in two years last week, according to the Mortgage Bankers Association weekly survey. That had a […]
Author: InvestAdvocate
Heirs Holdings Commits $2.5bn to Obama’s Power Africa Initiative
Press Release As part of his commitment to assist Africa in ensuring accessible power on the continent, former United Bank for Africa (UBA) Plc Managing Director, Mr. Tony Elumelu, is to invest $2.5 billion to boost power supply in Africa. The investment is being made through his Heirs Holdings, the […]
Oil near $102 on Egypt protests, US demand outlook
The price of oil neared $102 a barrel Wednesday for the first time since May last year as Egypt’s political crisis intensified, raising the risk of fuel supply disruptions. Benchmark crude for August delivery was up $2.07 to $101.65 a barrel at midday Bangkok time in electronic trading on the […]
