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Homebuying is broken. Rocket thinks it can fix it 

Rocket Cos., the Detroit-based mortgage lender, is creating a homebuying super app that handles everything from the first house search to the final mortgage payment. It’s a vision that’s been floated for years in the housing and fintech sectors. Now, Rocket is putting serious capital behind turning that vision into reality.

NAR: Homebuyers still have down payment misconceptions 

One of the most persistent misconceptions among aspiring homeowners is that a 20% down payment is required to buy a home.

What agents must know about telemarketing consent 

Firms are urged to remember a key distinction — calls that involve a bona fide offer to purchase a home versus calls that promote services.

It’s official: FICO raises score price to $4.95 

Fair Isaac Corp. (FICO) announced on Wednesday that it has increased its wholesale royalty by more than 40% for mortgage originations.

Trump’s presidency signals new regulatory era for mortgages 

Mortgage professionals can expect a transformed regulatory environment when Donald Trump returns to the White House in January. 

Trump is victorious. Will mortgage rates go to 8%? 

Trump is victorious, and the housing market has already seen an impact. Here’s our story on the administration’s expected housing agenda and where mortgage rates are going.

Lift the ban on lenders providing down payment assistance on FHA loans: Ted Tozer 

Lifting a ban from lenders providing down payment assistance to FHA borrowers would help underserved borrowers become homeowners: Urban Institute.

The existing home market is still savagely unhealthy 

The existing home sales market has stabilized but is having difficulty growing sales with 7% mortgage rates.

Why are the homebuilders so happy? 

Something changed toward the end of 2022 and the homebuilders’ confidence levels have increased along with their stock prices.

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Updated 11 months ago