- Sep 16, 2012
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It was 100 degrees F in the Arctic Circle today as wild fires continue to ravage the Siberian wilderness.
In other news, say goodbye to the 30 year Mortgage as climate change has banks and lenders rethinking that lending strategy.
For those of us who are property owners, that is not good news.
Arctic Russian Town Sets New High of 100 Degrees
A Siberian town with the world's widest temperature range has recorded a new high amid a heat wave that is contributing to severe forest fires.
www.bloomberg.com
In other news, say goodbye to the 30 year Mortgage as climate change has banks and lenders rethinking that lending strategy.
For those of us who are property owners, that is not good news.
Rising Seas Threaten an American Institution: The 30-Year Mortgage (Published 2020)
Climate change is starting to transform the classic home loan, a fixture of the American experience and financial system that dates back generations.
www.nytimes.com