USD/MXN - Real Estate Investor Pulse

USD/MXN exchange rate leaps on Mexico’s inflation cools down, weak US data

April 6, 2023 Mark Paul Cervantes Comments Off

USD/MXN climbs as Mexico’s inflation cools down Wall Street is trading mixed, with the S&P 500 and the Nasdaq posting losses while the Dow Jones climb. The USD/MXN is registering solid gains on data from […]

USD/MXN steadies near multi-month low of 17.95 as Mexican Inflation, Fed’s Powell and US NFP loom

March 6, 2023 Mark Paul Cervantes Comments Off

USD/MXN prints mild gains around 17.98 as it pares the biggest weekly loss in seven months during early Monday in Europe. In doing so, the Mexican Peso (MXN) pair tracks the market’s consolidation mode ahead […]

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 […]