May - Real Estate Investor Pulse

UK two-year fixed mortgage rates fall for first time since May

July 20, 2023 Mark Paul Cervantes Comments Off

LONDON, July 20 (Reuters) – A key British mortgage rate fell on Thursday for the first time in nearly two months, coming off the previous day’s 15-year high as concerns about the outlook for inflation […]

US Fed likely to make final interest rate hike in May

April 24, 2023 Mark Paul Cervantes Comments Off

The US Federal Reserve will deliver a final 25-basis-point interest rate increase in May and then hold rates steady for the rest of 2023, according to a Reuters poll of economists. The poll also showed that a […]

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 […]