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Property Insurers
Weely Real Estate News

Four Japanese Property Insurers Called Out for Price Fixing Scheme

December 27, 2023 Mariel Alumit Comments Off on Four Japanese Property Insurers Called Out for Price Fixing Scheme

Japan’s financial regulator has ordered the nation’s four major property insurers to change their business operations after it was discovered they engaged in a price fixing collusion scheme that inflated the insurance premiums for corporate […]

Japan
Air Bnb Newsroom

Trips to Japan and solar eclipse sights: Airbnb’s 2024 travel predictions

November 21, 2023 Allen Santos Comments Off on Trips to Japan and solar eclipse sights: Airbnb’s 2024 travel predictions

As the world prepares to wrap up 2023, Airbnb has shaken the magic eight ball to unveil what travel in the New Year will look like. For the vacation planning geeks out there, our data […]

inflation
Economy

Japan’s core inflation slows as energy prices fall

August 18, 2023 Mark Paul Cervantes Comments Off on Japan’s core inflation slows as energy prices fall

Japan’s consumer price growth in July slowed from the previous month, nudged lower by falling energy prices and complicating central bankers’ task as they debate a historic shift in monetary policy. The “core” inflation rate, […]

inflation
Economy

Japan wholesale inflation slows again, bolstering case for stimulus

August 10, 2023 Mark Paul Cervantes Comments Off on Japan wholesale inflation slows again, bolstering case for stimulus

TOKYO, Aug 10 (Reuters) – Japan’s wholesale inflation eased for a seventh month in July as pressure from high global commodity prices eased, a development economists say is likely to encourage the central bank to […]

Japan
Economy

Japan’s inflation may have peaked, no imminent change seen to BOJ policy

July 21, 2023 Mark Paul Cervantes Comments Off on Japan’s inflation may have peaked, no imminent change seen to BOJ policy

Summary June core CPI rises 3.3% yr/yr, in line with forecast Growth in core-core CPI moderates, suggesting slowdown ahead Data may take pressure off BOJ for early tweak to easy policy TOKYO, July 21 (Reuters) […]

Japan
Economy

Asia markets mixed as Japan’s inflation rises slightly in June

July 21, 2023 Mark Paul Cervantes Comments Off on Asia markets mixed as Japan’s inflation rises slightly in June

Asia-Pacific markets were mixed on Friday as investors digested Japan’s consumer price index figures for June. The country’s core inflation rate – which strips out costs of fresh food – came in at 3.3%, in […]

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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 […]

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