FRI News and Press, First Trust S&P REIT Index Fund From 01/12/24

2024-01-12 02:25:00 ET Summary Prospective home buyers face high prices and elevated borrowing costs, while homeowners refrain from listing their properties. As global central banks raised interest rates to tame inflation, home prices have cooled relative to the start of the hikin...

2024-01-11 09:00:00 ET Summary Apartment REITs were among the weakest-performing property sectors for a second-straight year in 2023 - lagging even the battered office sector - despite delivering another year of mid-single-digit earnings growth. Following two years of record-setti...

The FICO® Educational Analytics Challenge allows students from data science, engineering, and technology backgrounds to improve their analytics skills Global analytics software leader FICO is expanding its FICO® Educational Analytics Challenge to students at Delaware State Uni...

2024-01-11 06:05:00 ET Summary Hype in the media about real estate going to the moon or whatever is a never-ending drama. Mortgage demand jumps nearly 10% to start the year, even as interest rates tick up again. People are seeing lower mortgage rates on the horizon, and they d...

2024-01-09 09:00:00 ET Summary New homes became more unaffordable for the typical American household in November 2023. Median household income was $76,791, which was up from October 2023's initial estimate of $76,588. We already know the average interest rate on a conventional...

First Mortgage Lender Committed to Issuing Mortgage-Backed Securities Exclusively Based on FICO Score 10 T CrossCountry Mortgage (CCM) , the nation’s number three retail mortgage lender, has adopted FICO ® Score 10 T. As a forward-thinking industry trailblaze...

2024-01-08 22:35:00 ET Summary Many months ago it became abundantly clear that the Fed had extinguished the inflation fires that were stoked in 2020-21, and therefore lower interest rates were called for. More recently, we see that the economy has lost a lot of its forward momentu...

The ability to simulate business and decision strategies with FICO® Platform empowers customers to evaluate, understand, and explore the business impact of digital operations before production deployments FICO (NYSE: FICO): Highlights: Improvements to digital simulati...

2024-01-07 09:00:00 ET Summary U.S. equity markets stumbled on the first week of the new year as investors parsed employment data that gave conflicting signals on the state of the U.S. economy. Employment data showed a continued cooling in wage pressures, but the steady pace of hi...

2024-01-06 12:00:59 ET More on REITs: Real Estate: Our Top Sector Pick For 2024 XLRE: Better Positioned Than VNQ For A REIT Recovery (Rating Upgrade) Jobs Market Cools In October, Rate Cuts On The Horizon, XLRE A Buy REITs said to have ended December 2023 on ...