Interest Rates

American Pie: The Main Course for 2022?

November 23rd, 2021
There are now a record number of real estate professionals with a seat at the table eyeing a piece of the American real estate pie: a delectable dish made up of nearly seven million ingredients we call transactions, stirred in...

January New Home Sales Lower but Still Solid as Interest Rates Rise

February 28th, 2022
New data show new home sales declined in January on rising interest rates but still posted a steady reading as demand remains strong. Sales of newly built, single-family homes in January fell 4.5% to an 801,000 seasonally adjusted annual rate...

Rocket Mortgage Introduces Rate Drop Advantage Program

July 28th, 2022
Rocket Mortgage has announced the introduction of Rate Drop Advantage, a new program that covers a significant portion of a refinance transaction’s closing costs if interest rates drop and buyers refinance within three years of purchasing a home. Through Rate...
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