Page 9 - Rocket Pro News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The great thing about inflation is if you spend the same on groceries, the bags are lighter and easier to carry home. Restaurants and food companies react to higher prices either by reducing their portion sizes or passing the cost on to the consumer. In real estate, does the modern definition of an “affordable” house mean 350 square feet for $130,000? Lennar thinks so. Owning a home has long been considered the quintessential American dream, but even with 84 percent of Americans saying they’d like to own a home one day, 51 percent who don’t own today worry they ...

Group will also be hosting brokers from around the world

Time flies, and we’re more than halfway through the 3rd quarter. Few lenders and vendors look forward to heading into the autumn or winter of any year, and with the U.S. 10-year up to 4.30 percent, millions of borrowers content with low rates thanks to us, and with four consecutive negative prints in MBA mortgage applications, the demand for mortgages is now roughly 9 percent lower compared to the last positive print on July 14th. With mortgage rates hovering around 7.5 percent, we can all expect rate sensitive borrowers to continue to sit out. Lenders everywhere are grinding away at lo...

In this week’s edition of DataDigest, we look at the landscape for top mortgage lenders, their strategies and when the real opportunities might begin. 

Rocket reaffirms its fintech vision, focuses on DTC and TPO mortgage origination channels, and closes businesses that are not meeting the threshold.