Financial Markets - Real Estate Investor Pulse

A corner of the commercial real estate market is starting to show signs of stress from the banking crisis

April 5, 2023 Mark Paul Cervantes Comments Off

Apartment building sales in the first quarter of 2023 posted the steepest drop since the Great Financial Crisis, signaling that a corner of the commercial real estate market is feeling the strain of tighter lending […]

Is a commercial real estate crisis looming? Morgan Stanley analysts warn of price crash ‘worse than in the Great Financial Crisis’

April 5, 2023 Mark Paul Cervantes Comments Off

There’s a growing chorus of investors and economists — along with Elon Musk — who are warning of a looming crisis in the commercial real estate market. Analysts with Morgan Stanley recently joined the chorus […]

Morning Bid: Markets exhale after OPEC+ shock; RBA hits pause

April 4, 2023 Mark Paul Cervantes Comments Off

A look at the day ahead in European and global markets from Kevin Buckland Asian investors continued to weigh the impact of OPEC+’s surprise weekend decision to cut output, including what it means for bets that the […]

Credit Suisse faces anger at final shareholder meeting

April 4, 2023 Mark Paul Cervantes Comments Off

ZURICH, April 4 (Reuters) – Credit Suisse (CSGN.S) will face shareholder anger on Tuesday at what will be its final annual general meeting after the bank was rescued last month by Swiss rival UBS (UBSG.S). The hastily-arranged takeover […]

Branson’s Virgin Orbit files for bankruptcy, to seek buyer

April 4, 2023 Mark Paul Cervantes Comments Off

WASHINGTON, April 4 (Reuters) – Richard Branson’s Virgin Orbit Holdings (VORB.O) filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure the long-term funding needed to help it recover from a January […]

How the threat of a U.S. debt default could impact multifamily real estate

April 4, 2023 Mark Paul Cervantes Comments Off

As of January 2023, the Treasury Department began taking “extraordinary measures” to prevent the United States from defaulting on its debt. Although past congressional debt-ceiling talks have come to resolutions at the last hour, it’s important to […]

Dollar gains as inflation worries resurface after OPEC+ surprise

April 3, 2023 Mark Paul Cervantes Comments Off

SINGAPORE, April 3 (Reuters) – The U.S. dollar started the week higher as fears over inflation resurfaced after a surprise announcement by major oil producers to cut production further, with traders wagering the Federal Reserve may […]

USD/CHF marches towards 0.9200 as US dollar licks its wounds, Swiss inflation, US NFP eyed

April 3, 2023 Mark Paul Cervantes Comments Off

USD/CHF picks up bids to renew intraday high around 0.9170 as it extends the previous day’s upside while consolidating the two-week downtrend during early Monday. In doing so, the Swiss Franc (CHF) pair justifies the […]

US Dollar Index bulls step back below 103.00 amid ‘neutral’ Fed talks, looming inflation woes

March 30, 2023 Mark Paul Cervantes Comments Off

US Dollar Index (DXY) struggles to keep the previous day’s bounce off weekly low around 102.65 amid mixed signals from the Federal Reserve (Fed) officials despite inflation woes, as well as due to the recently […]

Banking drama tightens screws on housing, offices

March 30, 2023 Mark Paul Cervantes Comments Off

Higher interest rates and a loss of confidence in the banking sector have hit commercial real estate especially hard, with both the housing and office sectors poised to feel the chill. Why it matters: The jury’s still […]

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 […]