Luxe Realty - Real Estate Investor Pulse

Newly launched LUXE Realty brings on sales leaders

April 5, 2024 Mariel Alumit Comments Off

Arizona-based brokerage LUXE Realty welcomed Jack Luciano and Raul Siqueiros as director of estates division and director of new development, respectively, the company announced on Thursday. The two real estate agents were formerly associated […]

Luxe Realty, a New Brokerage, Opens in Phoenix

March 5, 2024 Mariel Alumit Comments Off

Luxe Realty, a new full-service boutique brokerage firm, has launched in Phoenix. The company’s co-founders and co-owners are Matthew Fenicle and Brian Guzman, who were both previously with Realty One Group. Luxe Realty’s team also […]

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 […]