Rocket Lays Off 2% of Staff Following Redfin Acquisition
Just a few weeks after acquiring Redfin for $1.75B, Detroit-based Rocket Companies last Friday laid off 2% of its workforce. ...
Tag: Mortgage Industry
loanDepot Accused of Steering, Loan Officer Compensation Violations in Federal Class-Action Lawsuit
A group of mortgage borrowers has filed a federal class-action lawsuit against one of the nation’s largest mortgage lenders, alleging ...
Mortgage Rates Continue Moving Up
In line with the upward trend in 10-year Treasury yields, mortgage rates saw a slight uptick this past week, as ...
NAR Shares Support of Senate Passage of the VA Home Loan Reform Act
The U.S. Senate recently unanimously passed H.R. 1815, the VA Home Loan Reform Act. The National Association of Realtors® stated ...
Mortgage Applications Dive After Recent Rate Dips Reverse
After two weeks of declining mortgage rates, an increase this past week along with renewed concerns of tariff impacts deflated ...
Mortgage Rates Increase Following Strong Jobs Report
Following five weeks of falls, mortgage rates reversed course and saw an increase this week, according to the recent Freddie ...
Mortgage Applications Leap in Response to Falling Rates
In response to the largest drop in mortgage rates seen since March, mortgage applications continued to grow last week, with ...
Housing Inventory Up 32% in May, Easing Listings Crunch in Some Regions: Report
Housing markets across the U.S. are finally seeing more inventory up for grabs, alleviating a supply crunch that’s been years ...
Lower Rates Drive Conventional, Refinance Application-Increase This Week
Mortgage applications increased again this week, mostly still thanks to refinances but conventional and VA applications contributed too, following a ...
Mortgage Rates Decline, Continue to Hold in Steady Territory
As rates dip a bit more this week, economists point to a several-months-long stretch of little fluctuation and a short-term ...
3 Ways to Boost Engagement With Selfie-Style Content
In the age of TikTok, hyper-polished, overly-produced videos are a thing of the past. Today’s most effective social media content is simple, scrappy and all you need is your phone. Read more.
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