Remove Finance Remove Marketing Remove Pre-approval
article thumbnail

Rocket Companies announces deal to acquire Redfin for $1.75 billion

Housing Wire

The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025. Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 billion in equity.

article thumbnail

To boost Black homeownership, the U.S. must navigate a ‘troubling environment’

Housing Wire

The past two years have been tough, but even before 2021, Black homeownership was either falling or stagnant and remains far from its pre-2004 high of nearly 50%.” The report also said that potential Black homebuyers are too often shut out of the opportunity to participate in the market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Power of Mortgage Pre-Approval [INFOGRAPHIC]

Keeping Current Matters

Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. In today’s market, connecting with a lender to get pre-approved may be the game-changer that helps you secure your dream home.

article thumbnail

5 tips for buying a home in a seller’s housing market

Housing Wire

There’s no doubt we’re in a seller’s housing market. With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. Are you hoping to buy a home in 2021’s hot housing market ? A homebuyer’s guide to a competitive housing market.

article thumbnail

Are you prepared to respond as borrower demand shifts?

Housing Wire

Fluctuating interest rates and a fast-changing market Last month, we saw the Federal Reserve deliver their long-awaited decision to lower interest rates with a 50 basis points cut, and 30-year mortgage rates reached as low as 6.08% according to ICE’s 30-year fixed conforming rate index.

article thumbnail

Midwest housing markets good for first-time homebuyers: Zillow

Housing Wire

Against that backdrop, Zillow identified prime markets for first-time homebuyers , and half of them were nestled in the Midwest. “Attractive homes are moving fast, so those looking to buy this spring should get their finances in order now, including getting pre-approved for a home loan.

article thumbnail

From consultation to closing: The definitive homebuying checklist

Housing Wire

Secure a mortgage pre-approval As a rule of thumb, its best to have your clients obtain a mortgage pre-approval prior to setting up any searches and conducting property tours. Required documentation Save your clients some time by providing them with a list of the documents theyll need to get pre-approved.

Closing 364