Latest - Real Estate Investor Pulse

The latest mortgage rates are now 7.17%

May 23, 2023 Mark Paul Cervantes Comments Off

U.S. mortgage rates for Monday, May 22, were flat day over day and were up from the same time last week, according to data from Bankrate. See the best mortgage rates you may get now here. […]

Latest Home Sales Data Adds to Case For a Bounce

January 28, 2023 Allen Santos Comments Off

For those in the housing and mortgage market, there’s certainly been a shift in the tone over the past few weeks. I can’t speak for everyone in that market, but in daily conversations with mortgage […]

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 […]