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real estate
Economy

Chinese real estate woes, high US interest rates spell trouble for S. Korea’s economy

August 22, 2023 Mark Paul Cervantes Comments Off on Chinese real estate woes, high US interest rates spell trouble for S. Korea’s economy

“The construction and real estate industries represent around 30% of China’s economy. A steep drop in Chinese demand from a real estate-based economic downturn could cause South Korea’s growth rate to fall by as much […]

Investing

U.S. readies targeted screening for investment in Chinese tech

March 24, 2023 Mark Paul Cervantes Comments Off on U.S. readies targeted screening for investment in Chinese tech

WASHINGTON — The U.S. is considering trialing a mechanism for reviewing outbound investment into China, eyeing a relatively narrow set of sensitive industries after businesses lobbied against a broad initial proposal. The program, intended to […]

Top News

Chinese property brokers despair as homebuyers sit on sidelines

February 14, 2023 Mariel Alumit Comments Off on Chinese property brokers despair as homebuyers sit on sidelines

The post Chinese property brokers despair as homebuyers sit on sidelines appeared first on Weekly Real Estate News.

Chinese
Economy

China says proposed U.S. ban on Chinese buying U.S. property violates market rules

February 10, 2023 Mark Paul Cervantes Comments Off on China says proposed U.S. ban on Chinese buying U.S. property violates market rules

BEIJING, Feb 10 (Reuters) – The United States is violating the principles of market economy and international trade rules in considering a ban on Chinese citizens buying property in the United States, the Chinese foreign […]

Weely Real Estate News

Chinese balloon prompts worries over foreign-owned farms in Utah, other states

February 9, 2023 Mariel Alumit Comments Off on Chinese balloon prompts worries over foreign-owned farms in Utah, other states

The post Chinese balloon prompts worries over foreign-owned farms in Utah, other states appeared first on Weekly Real Estate News.

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ 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 […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ 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
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ 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 […]

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