Bridge loans are designed to help buyers cover down payments or closing costs on a new home before finalizing the sale of their existing one. There is increasing interest in these products in today’s ...
Buyers can get immediate access to the equity in their current property. Rocket Mortgage, the nation’s largest mortgage lender, has introduced a new bridge loan product aimed at helping homeowners buy ...
Homeowners have on average, $181,000 in equity. This new product helps them access it before transitioning to a new home With high home prices and tight housing inventory, many buyers struggle to ...
If you've been waiting for rates to drop to refinance a 8% mortgage, your time has come. Rates are now the lowest they've ...
“It just comes down to pricing. It’s like when you go to Costco, you see people spending 20, 30, minutes in line to save 30 cents on gas. We’re in a tough market. A lot of our loan officers are ...
Banks have retreated from home loans because of increased capital requirements and low margins, leaving the field to upstarts ...
Rocket Companies reported second-quarter results Thursday afternoon showing strong mortgage loan production despite a year-over-year decline in profitability, as the Detroit-based fintech closed its ...
Rocket Cos. said Monday it would buy home loan service provider Mr. Cooper Group for $9.4 billion, boosting its mortgages business in its second big deal this month to take advantage of a rebound in U ...
With mortgage rates slipping and Rocket’s shares at a three-year high, is RKT riding a durable mortgage revival, or just a ...
Rocket Companies (RKT) is trading at new three-year highs. ・Shares are up more than 125% over the past year, and 25% in just ...