U.S. dollar - Real Estate Investor Pulse

U.S. Dollar Gains as May Hike Bets Rise, but Rates Outlook May Hinge on Inflation Data

April 11, 2023 Mark Paul Cervantes Comments Off

The U.S. Dollar, as measured by the DXY index, started the week on a positive note, rallying more than 0.65% to 102.75, bolstered by risk-off sentiment and higher U.S. treasury rates in a session characterized […]

Zimbabwe adopts new inflation rate based on U.S. dollar, local currency

March 3, 2023 Mark Paul Cervantes Comments Off

Zimbabwe will from now on measure inflation using a weighted average of items priced in Zimbabwean dollars and U.S. dollars, the government said on Friday. Previously the official rate was based only on items in […]

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 […]