Tag: Equity

Rising Mortgage Rates, Home Prices a Lethal Brew

A sharp rise in mortgage rates over the last few weeks means it may already be too late for many homeowners to benefit from a refinance. This just as thousands were gaining equity in their homes and finally becoming eligible. At the same time, it is pushing some renters off […]

Equity market opens week on negative note

The first trading day of the week closed on a negative note as major market indicators of the Nigerian Stock Exchange recorded marginal decline. Specifically, the market capitalisation of the listed equities fell by N 55bn or 0.5 per cent to close at N11.170tn down from N11.225tn recorded at the […]