Drop - Real Estate Investor Pulse

U.S. Housing Starts Fall 8% in June, Biggest Drop in a Year By Aarthi Swaminathan

July 20, 2023 Mark Paul Cervantes Comments Off

The numbers: Construction on new homes fell 8% in June, as U.S. homebuilders sharply slowed down starting on new single-family homes and focusing on finishing existing projects. Housing starts fell to a 1.43 million annual pace […]

Core Real Estate Total Returns Expected to Drop by 7.6% This Year

May 4, 2023 Mark Paul Cervantes Comments Off

Total return from unleveraged Core Real Estate as measured by the NCREIF Property Index or NPI), has fallen relative to six months ago, notes the ULI Center for Real Estate Economics and Capital Markets. This […]

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 […]