Condos - Real Estate Investor Pulse

Over 60 per cent of area condos owned by real estate investors

February 15, 2023 Mariel Alumit Comments Off

The post Over 60 per cent of area condos owned by real estate investors appeared first on Weekly Real Estate News.

Competitive Bids On The Decline

May 23, 2022 Mariel Alumit Comments Off

Townhouses were more likely to receive multiple bids. Just over 60% of home offers encountered competitive bids on a seasonally adjusted basis in April, the lowest level since March 2021, says online real estate brokerage […]

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 […]