record - Real Estate Investor Pulse

Modest home in tony Hamptons trailer park asks a record-breaking $4.4M

August 30, 2023 Mariel Alumit Comments Off

This trailer park home is aiming to sell for the price of a luxury residence. In Montauk Shores, the tony Hamptons trailer park where an off-market property sold for a record $3.75 million earlier this […]

US home sales slump to record low in 12 years

January 23, 2023 Allen Santos Comments Off

The post US home sales slump to record low in 12 years appeared first on Weekly Real Estate News.

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 […]