The decline in mortgage rates in November helped financially strained homebuyers, according to ICE Mortgage Technology‘s latest Home Price Index data.It took $279 less per month to purchase the median-priced home in November compared to October, according to ICE Vice President of Enterprise Research

As companies gradually enforce back-to-the-office policies, the share of homebuyers trying to relocate to a different metro area decreased in November for the third month in a row. The share dropped to 23.9%, the lowest level seen in a year-and-a-half, according to Redfin.Compared to November 2022,

Rocket Companies expanded its board of directors from seven to eight, giving its chief executive officer Varun Krishna a newly-created seat.Krishna was voted to serve as a Class III director, effective December 21, 2023, according to an 8-K filing with the Securities and Exchange Commission (SEC) on

After nearly two years of trudging through a frozen housing market, the consensus among mortgage professionals is that the worst of it is over.The Federal Reserve recently signaled plans to slash interest rates three times in 2024, shifting toward the next phase in its monetary policymaking.“It fina