perfect storm - Real Estate Investor Pulse

‘Perfect Storm’ Could Slam Commercial Real Estate and US Financial System, Warns Economist Peter St Onge

May 22, 2023 Mark Paul Cervantes Comments Off

A weakening commercial real estate sector could be a canary in the coal mine for the US financial system at large, according to economist Peter St Onge. In a new video update, the analyst says […]

“It’s really the perfect storm”: Empty office buildings across U.S. could lead to financial meltdown

May 12, 2023 Mark Paul Cervantes Comments Off

Office buildings remain empty in cities across the United States as many workers continue to work from home more than three years after the coronavirus pandemic began. A large number of workers may never return to the […]

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 […]