Homeowners have on average, $181,000 in equity. This new product helps them access it before transitioning to a new home With high home prices and tight housing inventory, many buyers struggle to ...

NerdWallet's mortgage content, including articles, reviews and recommendations, is produced by a team of writers and editors who specialize in home lending. Their work has appeared in The Associated ...

Rocket Companies Inc. (NYSE: RKT) continues to see gains in lending volume, but profitability remains elusive as broader market challenges put pressure on the bottom line. The Detroit-based mortgage ...

Here’s how New American Funding and Rocket Mortgage compare, including their pros and cons and who they’re best for. New American Funding and Rocket Mortgage are well-known mortgage lenders offering a ...

Rocket Mortgage, the mortgage lending unit of Rocket Companies (NYSE:RKT), is launching a new bridge loan product that lets homeowners tap their equity to compete with cash buyers and purchase their ...

Rocket Mortgage’s parent company reported a surge in loan originations amid mortgage rates’ downward slide. Origination volume surged 28 percent year-over-year for Detroit-based Rocket Companies, ...

Rocket Pro TPO, the wholesale arm of Rocket Mortgage, upped its agency conforming loan limits to $802,650 in 48 states, ahead of an announcement by the Federal Housing Finance Agency (FHFA) that is ...

With mortgage rates back into the 7% range and several consecutive weeks of reduced demand, Rocket Mortgage is making what appears to be a volume play. The third party origination (TPO) division of ...

As 2026 begins, Detroit-based Rocket’s shares (NYSE: RKT) are trading around $21 per share, down about 15% from the 2020 initial public offering price, while Pontiac-based UWM's shares (NYSE: UWMC) at ...

Nonbank lenders continue to dominate the mortgage landscape, according to the latest data from the Home Mortgage Disclosure Act. Of the ten largest mortgage originators in 2024, just four were ...