Financial Markets - Real Estate Investor Pulse

European lawmakers are quietly miffed at U.S. regulators over SVB’s collapse

March 23, 2023 Mark Paul Cervantes Comments Off

U.S. regulators made mistakes in failing to prevent the collapse of Silicon Valley Bank and other financial institutions, according to lawmakers in the European Union who believe this is also a moment for some self-assessment in Europe. […]

US Dollar Dips as the Fed Ponders the Inflation Versus Bank Crisis Dilemma

March 22, 2023 Mark Paul Cervantes Comments Off

The US Dollar is languishing on Wednesday despite Treasury yields ticking up in the North American session and ahead of today’s Federal Reserve rate decision. The DXY (USD) index has sunk to its lowest level since […]

S&P: Unlikely that some US bank failures will prevent policymakers from sticking to task of taming inflation

March 21, 2023 Mark Paul Cervantes Comments Off

Analysts at S&P think that it is unlikely that some US bank failures will prevent policymakers from sticking to the task of taming inflation, reported Reuters early Tuesday in Asia. The global rating agency also […]

US banking crisis: How 4 banks suddenly demise, what awaits?

March 21, 2023 Mark Paul Cervantes Comments Off

Four US banks’ sudden demise in past weeks brought up many questions about tech start-ups, venture capitalism, the crypto industry, risk appetite, global capitalist system in general, and the regulations in place. Is this a […]

Switzerland’s secretive Credit Suisse rescue rocks global finance

March 21, 2023 Mark Paul Cervantes Comments Off

ZURICH, March 21 (Reuters) – Days before a hastily convened press conference late on Sunday that would make the world’s front pages, Switzerland’s political elite were secretly preparing a move that would jolt the globe. […]

Fed Meets as Bank Chaos Collides With Inflation

March 20, 2023 Mark Paul Cervantes Comments Off

The Federal Reserve entered 2023 focused on a central goal: wrestling down the rapid inflation that has plagued American consumers since 2021. But over the past two weeks, that job has become a lot more […]

The 2008 Financial Crisis Explained Amid UBS-Credit Suisse Deal, SVB Collapse

March 20, 2023 Mark Paul Cervantes Comments Off

Since March 10, two banks in the United States have failed: Silicon Valley Bank (SVB) and Signature Bank, the largest bank failures since 2008. Both catered to businesses and had ties to the technology industry, […]

What analysts are saying about the US and Swiss banking crisis

March 20, 2023 Mark Paul Cervantes Comments Off

The collapse of Silicon Valley Bank and two other lenders in the US, and the shotgun wedding between Credit Suisse and UBS amid monetary tightening around the world, have led to a crisis of confidence for financial institutions. Unlike […]

Credit Suisse brings US bank panic home for European real estate

March 20, 2023 Mark Paul Cervantes Comments Off

BRUISED by Covid, war and interest rate hikes, real estate investors at the Mipim conference in Cannes last week had a new topic on their minds: the alarming plunge of Credit Suisse, which threatened to bring […]

U.S. bank deposits have started moving to money market funds – Goldman Sachs

March 17, 2023 Mark Paul Cervantes Comments Off

Goldman Sachs said deposits have started to move out of U.S. banks and towards money markets funds, as investors seek the safety in Treasury securities amid worries about stresses in the banking sector. Retail money […]

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 […]