US jobs - Real Estate Investor Pulse

U.S jobs report surprises to the upside

February 3, 2024 kingstu Comments Off

The U.S. economy added significantly more jobs than expected during the first month of the year. Jobs increased by 353,000 in January, up from a revised rate of 333,000 in December, according to data […]

Why US jobs data and June inflation rate may weigh on the Fed’s outlook

July 5, 2023 Mark Paul Cervantes Comments Off

Markets have sewn up June in bullish fashion, capping a strong first half of 2023 in style. For the fourth consecutive month, June saw gains aplenty in US equities – with the S&P 500 rising by 6 per cent to […]

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 […]