Asia - Real Estate Investor Pulse

Asia markets mixed ahead of U.S. inflation data

August 10, 2023 Mark Paul Cervantes Comments Off

Asia-Pacific markets were mixed as investors braced for July consumer price index data out from the U.S. on Thursday. Expectations from economists polled by Reuters are the inflation rate will come in at 3.3%, slightly […]

Asia markets mixed as Japan’s inflation rises slightly in June

July 21, 2023 Mark Paul Cervantes Comments Off

Asia-Pacific markets were mixed on Friday as investors digested Japan’s consumer price index figures for June. The country’s core inflation rate – which strips out costs of fresh food – came in at 3.3%, in […]

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 […]