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Mortgage Rates are Down and New Listings are Up
The housing market might be turning around for frustrated would-be buyers as mortgage rates dip and listings rise, according to the real estate brokerage Redfin.
The interest rate on a 30-year fixed mortgage is down to 7.03%, according to government-backed lender Fannie Mae. It peaked at just above 8% in early October. That marked a 23-year high.
In response to that change, Redfin says, mortgage applications are up 15% since early November when they hit a 28-year low, and new listings of homes are up 7% from last year, when interest rates were spiking. As a result, applications to buy a home are rising.
Japanese Shares Eye Early Slump After Yen Surge
Asian stocks are set for an early fall Friday, shrugging off a rally on Wall Street, as traders ratchet bets the Bank of Japan is nearing the end of its negative interest rate policy.
Futures contracts in Japan declined as the yen surged the most in almost a year. Australian shares also slipped in early trading while contracts for mainland China point to losses even as US stocks snapped a three-day slide. Read on for more market wraps.
Brazil to Discuss Digital Currency Usage for Financial Transactions in G20
Brazil will address the subject of digital currencies and how they can improve the financial system for the Group of Twenty (G20).
Roberto Campos Neto, president of the Central Bank of Brazil, stated he wants the G20 to consider the benefits of using these currencies for making financial transactions and to work towards adapting rules to take advantage of this.
Sotheby's Announces Auction of Bitcoin-Based 'Bitcoinshrooms' Collection
Sotheby’s, the world’s oldest fine art auction house, recently declared its intention to conduct an auction featuring Bitcoin-based Ordinal inscriptions, marking a first in the auction house’s history.
This online event is set to commence in December at Sotheby’s New York, where an exclusive selection of “Bitcoinshrooms” from the Shroomtoshi’s Ordinals collection will be on display.
Block Bitkey Bitcoin Wallet Comes to Market in More Than 95 Countries
Jack Dorsey's fintech company Block (SQ) has unveiled its self-custody Bitcoin wallet Bitkey for pre-order in more than 95 countries. The wallet is said to consist of a mobile app, a hardware device, and a set of recovery tools. The app allows customers to make Bitcoin transactions via their mobile phone, while the hardware device stores their assets offline.
The app and hardware device form two of the three keys used to secure a customer's Bitcoin, with the third stored on Bitkey's servers. The third key is used to verify transactions made by customers using only their phone...
Binance Founder CZ Must Stay in US Until February Sentencing
Seattle District Court Judge Richard Jones ruled or ordered CZ to stay in the U.S. until his Feb. 23, 2024 sentencing date as he is unlikely to return to the country if allowed to travel to the UAE.
The judge cited that Zhao has favored status in his country of residence and that he has not established by clear and convincing evidence that he is not likely to flee if he returns to the UAE.
The former Binance CEO faces up to 18 months in prison after pleading guilty to money laundering on November 21.
Hive Marketing Campaign | December Reward Pool distribution
The December Marketing initiative has been amazing in terms of engagement and participation from the community and the InLeo team is thankful to all who are doing their part.
Joining Spaces give users the chance to earn HBD too. Today, Eric has unveiled how the distribution of prizes will be for the December campaign. Read further for more.
The Value Prop of INLEO Premium | A Customizable Experience and More Rewards
Premium allows any Hive user to subscribe to INLEO and pay $10 per month for premium status. And InLeo has built its payment rail for handling these. The $10 per month is solely collected as HBD, so this also has the benefit of creating a use case for actually spending HBD.
Khal and Mitch discussed more about it. Go check it out to learn what are the perks of the Premium feature.
A playlist can involve a lot of creativity and individuality. There is no way to state how a playlist should look. This is up to the individual.
In his post, TM shared how one can create a playlist for music on Leo. Read on to discover more and go set up yours too.
INLEO is a blockchain-based social media platform for Crypto, Finance, and general content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.