LA mansion - Real Estate Investor Pulse

Here’s the eerie reason why no one dares to inhabit this deserted $2.4M LA mansion after 60 years

May 7, 2024 Mariel Alumit 0

This once-stately house at 2475 Glendower Place in the Los Angeles neighborhood of Los Feliz has long held a haunting presence in the real estate market. Despite its grandeur, the property, boasting five bedrooms […]

Sofia Vergara wraps up her final chapter with ex Joe Manganiello with the sale of LA mansion after a $5.9M price cut

April 26, 2024 Mariel Alumit Comments Off

Sofia Vergara has bid farewell to her lavish Beverly Hills mansion, finally sealing the deal after a significant price reduction. The actress, 51, clinched the sale of her seven-bedroom abode there for $13.7 million, a considerable […]

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 […]