CVS Health - Real Estate Investor Pulse

CVS Health Invests $19.2 Million for Colorado Affordable Housing Project

April 25, 2024 Mariel Alumit Comments Off

CVS Health (NYSE: CVS) announced it has invested $19.2 million through Boston Financial to build 85 new affordable housing units in Arvada, Colorado. The investment was made in collaboration with Family Tree and BlueLine Development. […]

CVS Health Invests $8.4 Million in Maine Senior Housing Project

June 22, 2023 Mark Paul Cervantes Comments Off

Fifteen of the units will have a preference for older adults who are known as “Long-Term Stayers” in the City of Portland’s homeless shelters. The post CVS Health Invests $8.4 Million in Maine Senior Housing […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]