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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
  • [ December 20, 2024 ] D.R. Horton to Launch New Master-Planned Community in Utah Weely Real Estate News
  • [ December 20, 2024 ] Hits and Misses for the Real Estate Week of Dec. 16-20 Weely Real Estate News
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HomeRebound

Rebound

Stock
Economy

Nasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets Wrap

August 22, 2023 Mark Paul Cervantes Comments Off on Nasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets Wrap

(Bloomberg) — A rally in big tech spurred a rebound in stocks, outweighing concerns over higher Treasury yields just a few days ahead of a speech by Federal Reserve Chair Jerome Powell. The S&P 500 […]

inflation
Economy

Gas prices nearing $4 a gallon rekindle fears of inflation rebound

August 15, 2023 Mark Paul Cervantes Comments Off on Gas prices nearing $4 a gallon rekindle fears of inflation rebound

US gas prices just surged to their highest level since October 2022, fanning fears of a rebound in inflation. The national average for a gallon of gas traded at $3.86 after jumping towards $4 earlier […]

Home Prices
International

Home Prices Rebound in Canada as Spring Market Picks Up Speed

May 16, 2023 Mark Paul Cervantes Comments Off on Home Prices Rebound in Canada as Spring Market Picks Up Speed

(Bloomberg) — A recovery in Canadian home prices accelerated in April, as warming weather brought a surge of buyers back into the market to compete for a limited number of properties. The benchmark price for […]

Housing Wire

Mortgage rates rebound after five straight weeks of declines

April 21, 2023 Mark Paul Cervantes Comments Off on Mortgage rates rebound after five straight weeks of declines

Interest rates for mortgage loans broke five straight weeks of declines caused by the bank crisis. This week, the 30-year fixed rate rebounded due to recent data indicating a still-resilient economy, the potential continuity of […]

US inflation
Economy

US inflation expectations join the forces to support US Dollar Index rebound

April 17, 2023 Mark Paul Cervantes Comments Off on US inflation expectations join the forces to support US Dollar Index rebound

US inflation expectations, as per the 10-year and 5-year breakeven inflation rates from the St. Louis Federal Reserve (FRED) data, justify the market’s latest reassessment of the Federal Reserve (Fed) concerns by grinding higher in […]

Mortgage
Housing

Mortgage Rates Rebound to Nearly 7%

February 27, 2023 Mark Paul Cervantes Comments Off on Mortgage Rates Rebound to Nearly 7%

The average rate on a 30-year fixed mortgage surged nearly a quarter-point to 6.96% this week, looming closer to the 7% benchmark that hasn’t been reached since November. This marks the third consecutive week of […]

Weely Real Estate News

Hopes are High for a Spring Rebound in Mid-Atlantic Housing Market

February 10, 2023 Allen Santos Comments Off on Hopes are High for a Spring Rebound in Mid-Atlantic Housing Market

Homeowners may be coming to terms with 6% mortgage interest rates, which could point to a better spring home buying season, at least in the Mid-Atlantic region. That’s according to the January Housing Market Report […]

Real Estate
Weely Real Estate News

Real Estate Rebound: Demand for New Mortgages Jumps 28% in One Week

January 18, 2023 Mariel Alumit Comments Off on Real Estate Rebound: Demand for New Mortgages Jumps 28% in One Week

The post Real Estate Rebound: Demand for New Mortgages Jumps 28% in One Week appeared first on Weekly Real Estate News.

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ 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 […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ 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
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ 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 […]

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