New Zealand - Real Estate Investor Pulse

New Zealand mayor slammed for recommending reverse mortgages

June 13, 2024 Mariel Alumit Comments Off

A mayor in a region of New Zealand, who recently suggested using reverse mortgages to fund various cost-of-living increases faced by the nation’s retirees, is pushing back against the backlash his comments created. Tim […]

Aussies and Kiwis prepare to host soccer fans from around the world

July 12, 2023 Mark Paul Cervantes Comments Off

The countdown is on as Australia and New Zealand prepare to host the biggest global event in women’s sport. Over 1 million tickets have been sold for the event to-date1, making it the largest sporting […]

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 […]