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Profits fall for Dan Gilbert's Rocket Companies as mortgage industry slows
Detroit Free Press via Yahoo News· 2 years agoThe slowdown in the mortgage business is being felt by Dan Gilbert's Rocket Companies, even as his...
Rocket Companies ekes out $60M profit in the second quarter of 2022, does cost cuts
Detroit Free Press via Yahoo News· 2 years agoDan Gilbert's mortgage company continues to feel the nationwide slowdown in the housing market and...
1 in 3 Americans Say Rising Mortgage Rates Have Priced Them Out of the Housing Market
Motley Fool· 11 months agoImage source: Getty Images Buying a home is a challenge these days because housing inventory is very...
Stay Away From Rocket Companies Until It Trades Below Book Value
InvestorPlace via Yahoo Finance· 2 years agoRocket Companies (NYSE:RKT), home of Rocket Mortgage and Quicken Loans, is a massive direct-to-consumer mortgage lender. It uses the same business model as Geico uses to sell car insurance without ...
The Fed’s man-made housing market recession hit so hard that 4 real estate titans just lost their...
Fortune via Yahoo Finance· 11 months agoNot only did rock bottom interest rates during the pandemic spur a refinancing bonanza, but with the...
Five Things to Know When Choosing a Mortgage Lender or Broker
Mortgage Research via Yahoo Finance· 2 years agoAlmost nine in 10 homebuyers used a mortgage to finance their purchase in 2021, according to the...
Rocket Companies and United Wholesale Mortgage shed thousands of jobs
Detroit Free Press via Yahoo News· 1 year agoThe nation's top two mortgage lenders — both headquartered in metro Detroit — shed thousands of jobs...
Why does it cost so much to sell a house?
The Week via Yahoo News· 5 months agoClose up of increasing stacked coins and house model. You hear a lot about the burdensome cost of buying a home, but less about the costs that are...
3 of the Best and Worst Mortgage Lenders
GOBankingRates via Yahoo Finance· 2 years agoThough mortgage lenders all do the same essential service -- offer loan products to customers -- they are not all the same. Some lenders charge higher...
United Wholesale Mortgage saw $215 million net income amid slowing market
Detroit Free Press via Yahoo News· 2 years agoPontiac-based United Wholesale Mortgage has been staying profitable during the current downturn in...