Rocket Companies Picks Up Speed in Q2 Following Big Changes
After seeing a revenue that was well down from 2022 and company projections in Q1, Rocket Companies ramped up business ...
Tag: Mortgages
Mortgage Mix: Rocket Shakes Up C-Suite; GSEs Downgraded
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Zillow Overperforms Internal Projections in Q2 2023
In its Q2 earnings call this week, Zillow claims that the quarterly results for revenue and adjusted EBITDA (earnings before ...
Mortgage Rates Continue Edging Toward 7%
The 30-year fixed-rate mortgage (FRM) averaged 6.90% this week, up for the second week in a row from last week’s ...
Mortgage Applications See Second Week of Decreases
Mortgage applications saw a second straight week of decreases, this week down 3.0% from last week’s dip of 1.8%, according ...
Mortgage Application Payments Decrease Slightly in June
The national median payment applied for by purchase applicants decreased 0.1% in June, from $2,165 in May to $2,162, according ...
Black Homebuyers More Likely to be Denied Mortgages, Report Finds
Racial disparities in homeownership are partially contributed to by the mortgage industry, according to a new report from LendingTree. LendingTree’s ...
Mortgage Delinquencies Drop Back Down to Historic Low
For the month of May, 2.6% of all mortgages in the U.S. were in some stage of delinquency, a 0.1 ...
Mortgage Rates Rise This Week
The 30-year fixed-rate mortgage (FRM) increased from last week’s average of 6.78% to an average of 6.81% this week, according ...
Mortgage Applications Decrease This Week
After two weeks of increases, mortgage applications saw a decrease this week, following sustained higher mortgage rates last week–dropping 1.8% ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
Business Tip of the Day provided by
