April - Real Estate Investor Pulse

Canadian Home Sales Up in April

May 17, 2023 Mark Paul Cervantes Comments Off

The number of newly listed homes inched up by 1.6% from March to April, although the supply remained at a 20-year low. The post Canadian Home Sales Up in April appeared first on Weekly Real […]

US inflation eased to 4.9% in April as Fed tightening takes effect

May 10, 2023 Mark Paul Cervantes Comments Off

US inflation was slightly weaker than forecast in April, in a positive sign that the Federal Reserve’s cycle of interest rate rises is bringing price rises under control. Consumer price inflation dipped to an annual […]

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 […]