Alternative investment firm Saluda Grade doesn’t see the interest rate environment or the current signals of consumer financial stress taking the shine off home equity assets anytime soon.
North Carolina’s housing market presents a compelling value proposition with 62,710 active listings and typical homes priced around $519,908 compared to the national average of $647,307, the Tar Heel State presents a compelling alternative to pricier markets across the country. First-time homebuyers will find plenty to love in North Carolina, where more than one-third of all listings fall below the $300,000 mark.
Rocket Companies has extended the deadline for investors to exchange debt issued by a Mr. Cooper Group subsidiary for the lender’s own paper — a step tied to its $9.4 billion acquisition of the competitor.