Richard Branson - Real Estate Investor Pulse

Richard Branson’s grand Necker Island open to holiday guests for the very first time

November 10, 2023 Mariel Alumit Comments Off

Necker Island has announced its virgin voyage of accepting Christmastime bookings. Business magnate Richard Branson’s British Virgin Islands paradise has only ever been available to personal guests, the very famous or those rich enough to […]

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 […]