Rocket offering renters up to $5K in closing credits

RocketRentRewards lets homebuyers earn closing cost credits equal to 10 percent of their verified rent payments over the past year, or $2,160 for those paying the average $1,800 in rent. Continue reading

Mortgage rates in retreat as investors weigh Trump’s approach

After surprise inflation report, Trump administration says the Federal Reserve’s interest rate decisions will be exempt from its attempt to exert more control over independent federal agencies Continue reading

Fannie Mae and Freddie Mac’s net worths climb past $154B

While plans to privatize the mortgage giants are on the back burner, Trump administration may impose limits on how much support the mortgage giants can provide to riskier borrowers. Continue reading

Aged marketing, mortgage anxiety, another argument: Inman Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Steel and aluminum are President Trump’s latest tariff targets

The National Association of Home Builders has sounded the alarm on the potential impact on housing costs if Trump follows through on threats to impose duties on Canadian wood and gypsum from Mexico. Continue reading

Blueprints, lawsuits, tariffs: Inman’s Top 5 stories of the week

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Name change, budget cuts at top of HUD secretary’s list

Department of Urban Housing and Development Secretary Scott Turner put budget cuts and a department name change at the top of his list, while fair housing and diversity, equity, and inclusion programs were noticeably absent. Continue reading

Inventories on track to normalize in 40% of US markets this year

After growing by 22 percent last year, inventory is “a bright spot for a market that’s been dealing with deep deficits in recent years,” according to ICE Mortgage Monitor report for February. Continue reading

Taking a stand, transparency, Trump: Inman’s Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Fed pauses rate cuts, continues mortgage ‘quantitative tightening’

Trump wants lower rates. Fed Chair Jerome Powell says he’s not spoken to the President, and that “we don’t need to be in a hurry to adjust the policy stance.” Continue reading