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Rocket Companies Launches New Rocket.com Website
Rocket Companies has announced the launch of its new website Rocket.com. Rocket.com allows consumers to search, purchase and manage their home financing with an AI-driven experience, combining the forces of Rocket Mortgage and Rocket Homes. Rocket stated that Rocket.com will improve the home buying process by bringing home search, financing and servicing together in one…
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Seller Profit Margins Fall for Second Year in a Row
ATTOM Data’s Year End 2024 Home Sales Report has found that homesellers made a $122,500 profit on typical sales in 2024, a return on investment of 53.8%. Although both of these numbers soared to near record levels, the profit margin for median-priced home sales nationwide receded from 56.9% to 53.8%. This decline in profit margin…
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Mortgage Rates See Slight Reversal, Trending Down
In a slight reversal of the past month’s trends, the average 30-year mortgage rate decreased from its average last week of 7.04% down to 6.96% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “After crossing the 7%-mark last week, the 30-year fixed-rate mortgage saw its first decline…
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Mortgage Rates See Slight Reversal, Trend Down
In a slight reversal of the past month’s trends, the average 30-year mortgage rate decreased from its average last week of 7.04% down to 6.96% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “After crossing the 7%-mark last week, the 30-year fixed-rate mortgage saw its first decline…
The post Mortgage Rates See Slight Reversal, Trend Down appeared first on RISMedia.