Global stocks - Real Estate Investor Pulse

Tamer U.S. inflation lifts global stocks to new 2023 high, dollar slides

July 13, 2023 Mark Paul Cervantes Comments Off

LONDON, July 13 (Reuters) – Global shares hit new highs for 2023 on Thursday, buoyed by hopes that slowing U.S. inflation will convince the Federal Reserve to hit the pause button on interest rate hikes […]

Global stocks edge up as investors weigh inflation outlooks in the US and China

July 11, 2023 Mark Paul Cervantes Comments Off

Wall Street equities rose as traders assessed data showing China’s economy on the cusp of deflation and prepared for US inflation numbers that will feed into the Federal Reserve’s interest rate decision in late July. […]

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 […]