CEO Varun Krishna says lender has already seen a surge in leads and higher conversion rates from the Redfin deal, thanks to “cross pollination” of leads, agent referrals and mortgage applications. Continue reading
Home price growth slowed to the lowest level in two years in May. However, market pressures, primarily from elevated mortgage rates, mean buyers are still struggling to afford homes. Continue reading
CEO Jay Bray says the loan servicing giant intends to “hit the ground running” when it merges with Rocket Companies later this year after turning a $198 million Q2 profit. Continue reading
By handling every aspect of homebuying and selling, from search to financing to title and closing — Rocket aims to cut transaction costs on the median priced home in half, from $40,000 to $20,000. Continue reading
New offering lets existing homeowners tap their equity to buy before they sell and make non-contingent offers to better compete with cash buyers in competitive markets. Continue reading
The FHFA HPI rose 3 percent on an annual basis in April, while the S&P CoreLogic Case-Shiller Index posted a 2.7 percent annual gain. Continue reading
The firm’s new office, overseen by broker Ken Kleinrichert, will open in July on South Union Street. Top producers Molly Buttleman and Lydia Wiley will serve as key agents leading sales for the new office. Continue reading
Purchasing a luxury home often comes with a hefty price tag, but in some U.S. metros, high-end living can still be surprisingly affordable. Continue reading
Long-term agreement with ICE Mortgage Technology will help nation’s largest mortgage lender bring $242 billion loan servicing portfolio in-house to boost repeat business and referrals. Continue reading
Investors bid up mortgage lender’s share price by 21 percent as company says deal with investor investor SB Northstar LP will improve its balance sheet and better position it for growth and a return to profitability. Continue reading