(Bloomberg) -- The financial hub of Shanghai eased requirements for home downpayments and mortgages, as bigger Chinese cities follow through on the central government’s aid for the property sector. Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughCatering to the Ultra-Rich Is a Booming Business in AustraliaStock Futures Remain Higher
(Bloomberg) -- Blackstone Inc. has bought a $1 billion mortgage portfolio from Deutsche Pfandbriefbank AG as the German real estate lender grapples with the impact of volatile commercial real estate markets.Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughCatering to the Ultra-Rich Is a Booming Business in AustraliaStock Futures Rema
How’s the economy doing? Your answer may depend on whether you own your home.