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Coming Up:
Is Rocket looking to buy other companies?
Rocket is flush with cash as others are looking to downsize. Could Rocket go shopping?
May 11, 2022
Consumer Price Index Drops to 8.3% For April
'Inflation will likely remain very hot for some time'
Consumer Sentiment Toward Homebuying Declines
Fannie Mae report shows number at its lowest point since May 2020.
Mortgage Applications On The Rise Despite Interest Rates
Second consecutive weekly increase, according to MBA's survey.
Gated Communties
Picture your dream home. Now look down. There's a bright red line keeping you out.
May 10, 2022
Rocket Reports A Quarterly $1 Billion Profit
CEO suggests they’re ready to make an acquisition
Gen Z Destinations For Home Buying
Salt Lake City topped the list and San Francisco brought up the rear.
Finance of America Reports $64M Loss
Company attributed it to widening credit spread
loanDepot Suspends Dividends After Heavy 1Q Losses
Originator reports a loss of $91 million on quarterly revenues of $503 million
Fears That Fed’s Actions Could Trigger a Recession
Freddie Mac, CoreLogic economists say Fed efforts could affect mortgage rates
May 10, 2022