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Rocket Companies completed its acquisition of Redfin on Tuesday, bringing together the nation’s largest mortgage lender with ...
The deal is expected to grow Dan Gilbert's Rocket Companies into an even bigger one-stop shop for homebuying on the national ...
Rocket Companies is pushing back against accusations it is ignoring or is “bad for” its mortgage broker partners.
Rocket Companies (NYSE: RKT), the Detroit-based homeownership platform, today announced it has completed its acquisition of ...
On top of expensive inventory, mortgage rates have skyrocketed since being consistently sub-3% in 2020. Current rates sit at ...
Rocket Companies said today it has completed its acquisition of online real estate brokerage Redfin, uniting the nation’s ...
Detroit-based Rocket (NYSE: RKT) announced Tuesday morning that it had completed its previously announced $1.75 billion ...
The firm is incentivizing the cross-selling of its services by offering a lower interest rate for one year for borrowers who ...
Buyers who use Rocket for financing and buy a Redfin-listed home or work with a Redfin agent can get a one-percentage-point ...
But since that announcement, Rocket's share price slid from $15.77 to $12.91 as of April 30, and Redfin's shares jumped from $5.82 to $9.51. Those price movements matter, because the deal is a ...
There are big numbers involved: Redfin’s website attracts nearly 50 million views every month; Rocket says it handles more than 100,000 calls every day. The deal is worth nearly $1.75 billion.
The previously announced deal, valued at $1.75 billion, combines Redfin’s home search platform with Rocket’s mortgage lending ...
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