Engel - Real Estate Investor Pulse

Engel & Völkers expands its New England presence

October 18, 2023 Mariel Alumit Comments Off

Engel & Völkers is expanding its New England footprint with the addition of one new shop in the Greater Newburyport area, the company announced on Tuesday. Karen Hanson, who opened another Engel & Völkers shop […]

Jawed Barna named CEO of Engel & Völkers

September 15, 2023 Mariel Alumit Comments Off

Insurance executive Jawed Barna will succeed Sven Odia as the CEO of international luxury real estate brokerage Engel & Völkers, the company announced Thursday. Odia, who led the Hamburg-based company for nine years, has stepped […]

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 […]