Renovation - Real Estate Investor Pulse

Historic Charleston school undergoing $42M renovation into housing units

March 3, 2023 Mark Paul Cervantes Comments Off

The former Henry P. Archer Elementary School building, which opened in 1936 on Charleston’s eastside, is undergoing a transformation. The building on Nassau Street, which closed in 1980 and sat empty for years, is being […]

Renovating a Home During Inflation: How To Add Value Without Draining Your Savings Account

July 12, 2022 Mariel Alumit Comments Off

With inflation at a 40-year high and mortgage rates more than 2% points higher than they were six months ago (and continuing to climb), you might find that now is not the right time to buy a […]

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 […]