Rocket Mortgage on Tuesday unveiled RocketRentRewards, which the company says is the homeownership industry’s first offer to provide closing cost credits for renters. Under the program, homebuyers who use Rocket Mortgage as their lender can earn 10% back on the last 12 months of rental payments, receiving up to $5,000 in lender credits toward closing…
"February 2025" Archives
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As uncertainty over tariffs mounted in February, homebuilder confidence sank. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) fell five points month over month in February to a reading of 42. Economists also attribute concerns over elevated mortgage rates and continued high housing costs to dampening builders’ moods. “With 32% of…
Independence Home Loans (IHL) tapped Gil Arbitsman for the role of chief financial officer where he will oversee IHL’s financial and long-term growth strategy. His leadership will play a key role in optimizing financial performance and enhancing the company’s operational efficiencies Arbitsman, who has more than 20 years of experience in the financial services sector,…
Tal Alexander and Oren Alexander, once top real estate brokers, and their brother Alon Alexander are currently in jail awaiting trial on federal sex-trafficking charges.