When Olga Savelyeva took out a $226,000 mortgage to buy a small apartment on the outskirts of Moscow in 2008, she could never have imagined that the ruble would lose more than half its value in a few short years. But Savelyeva’s $2,090 monthly instalments have skyrocketed in ruble terms due to the Russian currency’s… [Read More…]
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $6.75 million Freddie Mac CME seven-year variable rate loan to refinance a multifamily property located in Canton, …
When Olga Savelyeva took out a $226,000 mortgage to buy a small apartment on the outskirts of Moscow in 2008, she could never have imagined that the ruble would lose more than half its value in a few short years. In a letter to central bank chief Elvira Nabiullina, the group threatened a “powerful social explosion” if assistance isn't provided.