Canadians - Real Estate Investor Pulse

Study: 1 in 5 Canadians Struggling to Cover Their Basic Needs

December 19, 2023 Mariel Alumit Comments Off

Canadian households are struggling to meet their basic needs, with housing security among their top concerns, according to the 2023 Canadian Poverty and Socioeconomic Analysis report published by the Salvation Army Canada. In a survey […]

Canadians Divided on Whether to Buy a Home Now or Later

April 12, 2023 Mark Paul Cervantes Comments Off

More than a quarter of survey respondents said they would consider delaying a home purchase because of the possibility of a recession. The post Canadians Divided on Whether to Buy a Home Now or Later […]

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 […]