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Quarter of people have seen housing costs rise in past three months as increasing rent and mortgage rates put pressure on household finances

February 28, 2023 Mark Paul Cervantes Comments Off

The post Quarter of people have seen housing costs rise in past three months as increasing rent and mortgage rates put pressure on household finances appeared first on Weekly Real Estate News.

One year later: Airbnb.org’s support for people fleeing the war in Ukraine

February 23, 2023 Mark Paul Cervantes Comments Off

A year ago, Airbnb.org committed to connecting up to 100,000 people fleeing the war in Ukraine to free, temporary housing. As the world marks one year since the start of the conflict in Ukraine, Airbnb.org […]

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 […]