Rocket Mortgage's acquisition of Redfin has been mischaracterized as harming competition in the mortgage lending space. The truth is that it could be a major boon for mortgage borrowers, writes Kevin ...

The agreed-to merger between Rocket and Mr. Cooper is the first large domino to fall in what is shaping up to be another year of consolidation. Mortgage lenders are still dealing with overcapacity, ...

In March, Rocket, America’s largest mortgage lender, announced plans to buy Redfin, a national brokerage that’s spent its 20-year history trying to “redefine” residential real estate.

However, Redfin said it may be too soon for buyers to react to lower rates. Pending home sales were down 35% year over year during the four weeks ending Nov. 13, the biggest annual decline on record.

(NASDAQ: RDFN) — About half (51%) of U.S. homeowners with mortgages have a mortgage rate under 4%—substantially below today’s level of 5%, according t ...

Redfin (NASDAQ: RDFN) has been on a roll recently. The online real estate brokerage has surged on hopes that falling mortgage rates will trigger a rebound in the housing market. The stock has ...

Redfin forecasts flattening home sales as mortgage rates approach 4% this year. Home price growth has been in the double-digits since the summer of 2020, though, Redfin’s forecast expects it to slow ...

In response, HousingWire ’s Reverse Mortgage Daily (RMD) sought input from industry participants and a subject matter expert at a consumer advocacy law firm to determine what the impact might be ...

Mortgage rates started to rise in early 2022 after the Federal Reserve increased interest rates to combat inflation. Rates reached as high as 7.79% by the end of October 2023.