NAA - Real Estate Investor Pulse

Multifamily Braces for Another Fed Rate Hike

August 8, 2022 Mariel Alumit Comments Off

As expected, the Federal Reserve has increased its federal-funds rate by three-quarters of a percent Wednesday. The increase has many in the multifamily industry discussing the likely impact on apartment development and investment. Given the multifamily sector’s […]

4.3 Million New Apartments Needed by 2035

August 8, 2022 Mariel Alumit Comments Off

A new study commissioned by the National Multifamily Housing Council and National Apartment Association reveals the U.S. needs to build 4.3 million new apartments by 2035 to address demand, deficit and affordability. The data features as estimate of future […]

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 […]