General Growth’s new chief to receive $1.2M base salary, $1M signing bonus

General Growth’s new chief to receive $1.2M base salary, $1M signing bonus
CHICAGO – General Growth Properties Inc., the shopping-mall company planning to exit bankruptcy this month, will pay new CEO Sandeep Mathrani a $1.2 million base salary.
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Mortgage Rates Lose Their Dependence on Base Rate

Mortgage rates are traditionally linked to base rates. If the base rate goes up then for sure mortgage rates will follow.

What is the “base rate”? Base rate is the annual interest rate on which lending charges are calculated by the banks. It is set by the Bank of England Monetary Policy Committee on a monthly [...]