June, 2024 - Real Estate Investor Pulse

For the first time since 2022, home prices are falling amid sky-high mortgage rates

June 5, 2024 Mariel Alumit Comments Off

Home prices are plummeting at the fastest pace in more than a year, as demand for real estate sinks amid languishing sky-high mortgage rates, according to a recent report by Redfin. The report found […]

America’s top 10 buyer’s markets—where you can still land a bargain below the asking price

June 5, 2024 Mariel Alumit Comments Off

Buyers face a tough housing market these days: With listing prices hovering at $430,000 and mortgage interest rates near 7%, the cards seem to be stacked against them. But not all markets are equally […]

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 […]