

Finance Right, The third pillar of the Wheelbarrow Profits investment strategy.
Finance Right, The third pillar of the Wheelbarrow Profits investment strategy.
Now that you've purchased your property correctly and are managing right, its time to secure long-term financing. This is the final leg of the strategy and will help secure your investment for years to come.
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Today’s mortgage and refinance rates Average mortgage rates rose appreciably yesterday, bouncing back toward their highest level since 2009. Don’t believe Freddie Mac’s claim that mortgage rates inched lower over […]
Today’s mortgage and refinance rates Average mortgage rates rose appreciably yesterday, bouncing back toward their highest level since 2009. Don’t believe Freddie Mac’s claim that mortgage rates inched lower over […]
New Yorkers who live in rent-stabilized apartments will soon pay higher rents — 3.25 percent more on one-year leases and 5 percent more on two-year leases — the sharpest increase in nearly a decade. Despite pleas from tenants for a rent freeze or even a reduction, on Tuesday New York City’s Rent Guidelines Board voted 5 to 4 to raise rents. The increase comes as soaring rent costs have concerned New Yorkers for months. In May, the median rent in Manhattan reached $4,000, a record high. May...
New Yorkers who live in rent-stabilized apartments will soon pay higher rents — 3.25 percent more on one-year leases and 5 percent more on two-year leases — the sharpest increase in nearly a decade. Despite pleas from tenants for a rent freeze or even a reduction, on Tuesday New York City’s Rent Guidelines Board voted 5 to 4 to raise rents. The increase comes as soaring rent costs have concerned New Yorkers for months. In May, the median rent in Manhattan reached $4,000, a record high. May...
The default rate for first mortgages rose to a high not seen in nearly two years during June, according to indices published by Standard & Poor’s and Experian.The first-lien mortgage default rate during the month was 0.38% or 38 basis points, compared to 0.36% in May and 0.26% a year earlier. The default rate in that category hasn’t been that high since September 2020, when it was 0.46%. The slight increase suggests the ongoing rollback of forbearance has helped normalize the loan performa...
The default rate for first mortgages rose to a high not seen in nearly two years during June, according to indices published by Standard & Poor’s and Experian.The first-lien mortgage default rate during the month was 0.38% or 38 basis points, compared to 0.36% in May and 0.26% a year earlier. The default rate in that category hasn’t been that high since September 2020, when it was 0.46%. The slight increase suggests the ongoing rollback of forbearance has helped normalize the loan performa...
Four years of testing on Melbourne, Australia's subway tunnel project have convinced university engineering researchers that geothermal energy in deep foundations can heat and cool the buildings they support.Trials took place at one of five stations on the city project, which is set to open in 2025. Plastic water-filled pipes feeding heat exchangers were cast into 130-ft-deep shaft retaining walls of the subway's State Library station."With the ground remaining at a stable temperatu...
Four years of testing on Melbourne, Australia's subway tunnel project have convinced university engineering researchers that geothermal energy in deep foundations can heat and cool the buildings they support.Trials took place at one of five stations on the city project, which is set to open in 2025. Plastic water-filled pipes feeding heat exchangers were cast into 130-ft-deep shaft retaining walls of the subway's State Library station."With the ground remaining at a stable temperatu...
Developer Related Argent has formed a joint venture with Invesco Real Estate to deliver the £600m gross development value scheme. Construction is set to be completed in 2025 on 800 market sale and Build-to-Rent homes, as well as retail and dining. The entire £8bn Brent Cross Town project will feature 50-acres of parks and playing fields, 6,700 new homes and 3 million sq ft of offices along with retail, leisure, student accommodation and schools. The Related Argent and Invesco Real Estate joi...
Developer Related Argent has formed a joint venture with Invesco Real Estate to deliver the £600m gross development value scheme. Construction is set to be completed in 2025 on 800 market sale and Build-to-Rent homes, as well as retail and dining. The entire £8bn Brent Cross Town project will feature 50-acres of parks and playing fields, 6,700 new homes and 3 million sq ft of offices along with retail, leisure, student accommodation and schools. The Related Argent and Invesco Real Estate joi...
Jose Huizar developed a curious habit as a Los Angeles city councilman: He would give stacks of $100 bills to his wife, mother or brother. They in turn would write him checks or pay his bills. The three of them confirmed Huizar’s suspected money laundering in testimony before a federal jury over the last week. Salvador Huizar recalled asking his younger brother why he needed the checks, telling jurors the councilman told him that it was “better for me not to know.” The poignant spectacle ...
Jose Huizar developed a curious habit as a Los Angeles city councilman: He would give stacks of $100 bills to his wife, mother or brother. They in turn would write him checks or pay his bills. The three of them confirmed Huizar’s suspected money laundering in testimony before a federal jury over the last week. Salvador Huizar recalled asking his younger brother why he needed the checks, telling jurors the councilman told him that it was “better for me not to know.” The poignant spectacle ...
Construction of West Harbor, the long-anticipated replacement for the Ports O’ Call Village waterfront attraction in San Pedro, is finally set to begin. Developers of the entertainment complex said Thursday they have secured financing to build the $155-million first phase that will include restaurants, bars and shops overlooking the busy Port of Los Angeles. Work will begin immediately and finish in 2024, said Brian Saenger, chief executive of Ratkovich Co. Restaurants anchoring West Harbor ...
Construction of West Harbor, the long-anticipated replacement for the Ports O’ Call Village waterfront attraction in San Pedro, is finally set to begin. Developers of the entertainment complex said Thursday they have secured financing to build the $155-million first phase that will include restaurants, bars and shops overlooking the busy Port of Los Angeles. Work will begin immediately and finish in 2024, said Brian Saenger, chief executive of Ratkovich Co. Restaurants anchoring West Harbor ...
Russia's invasion of Ukraine could accelerate the transition from fossil fuels toward renewables, says the International Energy Agency's World Energy Outlook, published Oct. 27. But it also warned that clean energy investment in countries' current national plans must double to $4 trillion a year by 2030 to achieve net zero greenhouse gas emissions by 2050.With high energy prices sparked by the Ukraine attack on Ukraine, "the energy world is shifting dramatically before our eyes," sa...
Russia's invasion of Ukraine could accelerate the transition from fossil fuels toward renewables, says the International Energy Agency's World Energy Outlook, published Oct. 27. But it also warned that clean energy investment in countries' current national plans must double to $4 trillion a year by 2030 to achieve net zero greenhouse gas emissions by 2050.With high energy prices sparked by the Ukraine attack on Ukraine, "the energy world is shifting dramatically before our eyes," sa...
With mortgage rates rising, more people may be asking themselves the age old question: rent or buy? These decisions are particularly pertinent amid bubble-like housing prices, making monthly mortgage payments more difficult to manage, and also sky-high rents that have proven to be one of the economy's stickier forms of inflation. The latest Federal Reserve interest rate increase, while not directly tied to mortgage rates, is having some effect on lending and home prices. And the Fed isn't done...
With mortgage rates rising, more people may be asking themselves the age old question: rent or buy? These decisions are particularly pertinent amid bubble-like housing prices, making monthly mortgage payments more difficult to manage, and also sky-high rents that have proven to be one of the economy's stickier forms of inflation. The latest Federal Reserve interest rate increase, while not directly tied to mortgage rates, is having some effect on lending and home prices. And the Fed isn't done...
August 24, 2022
Jeff Yoders
KEYWORDS ACS Infrastructure Development / Aecon / Dragados / Fluor / Gordie Howe International Bridge
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The late Detroit Red Wings hockey great Gordie Howe was beloved in his native Canada and in his adopted U.S. home. A new international bridge connecting both places is trying to c...
August 24, 2022
Jeff Yoders
KEYWORDS ACS Infrastructure Development / Aecon / Dragados / Fluor / Gordie Howe International Bridge
Order Reprints
No Comments
The late Detroit Red Wings hockey great Gordie Howe was beloved in his native Canada and in his adopted U.S. home. A new international bridge connecting both places is trying to c...