rises - Real Estate Investor Pulse

Two-year UK mortgage rate rises above 6%

June 19, 2023 Mark Paul Cervantes Comments Off

The cost of a two-year fixed-rate mortgage in the UK rose above 6 per cent on Monday while two-year gilt yields broke through the 5 per cent mark for the first time in 15 years, […]

S&P Global: Commercial real estate loan delinquency rate ‘rises sharply’

June 6, 2023 Mark Paul Cervantes Comments Off

There’s trouble ahead in the commercial real estate space—especially in the office sector, which has been plagued by the shift to remote work. In the first quarter of this year, the commercial real estate loan delinquency rate increased […]

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 […]