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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
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HomeHome Buying

Home Buying

government
Economy

What a government shutdown or default could mean for home buying

May 24, 2023 Mark Paul Cervantes Comments Off on What a government shutdown or default could mean for home buying

President Biden and House Speaker Kevin McCarthy, Republican of California, have locked horns over the $31.4 trillion debt ceiling. If Congress refuses to raise it, it could force the government to shut down and risk default […]

Mortage News

Consumers Still Wary Towards Home Buying

April 10, 2023 Mark Paul Cervantes Comments Off on Consumers Still Wary Towards Home Buying

Fannie Mae’s monthly survey of consumers’ attitudes toward buying or selling a home and their own financial situation showed a mixture of sentiments in March. The Home Purchase Sentiment Index (HPSI), which is derived from […]

Weely Real Estate News

Investors Are Easing Up on Home Buying in 2023. Here’s Why That’s a Good Thing

January 31, 2023 Mariel Alumit Comments Off on Investors Are Easing Up on Home Buying in 2023. Here’s Why That’s a Good Thing

The post Investors Are Easing Up on Home Buying in 2023. Here’s Why That’s a Good Thing 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 […]

Daily Real Estate News

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