Spring is in the air! American ballparks will be back in session this summer after lockdowns and lockout talks have tamped down spirits. It’s moving day in Augusta, Georgia, as day 3 of the Masters will reveal the final pairing for Sunday’s history-making final round. Will a Rocket Mortgage® sponsored golfer take home the green […]
Read moreApril 11, 2022
7 Things To Remember As Rates Rise – With Austin Niemiec Rates have been aggressively rising. Below is a rate sheet from 1985, when Rocket Mortgage® was an independent mortgage broker. We are all in a cyclical business. This is normal. As mortgage pros, there are a few key things we must remember in times […]
Read moreApril 04, 2022
… and the award for best performance in a lead acting role goes to Jerome Powell from the Federal Reserve! This week’s edition has hawks, Fannie forecast updates and, of course, more crosswords! Fuel Up! 🚀 Powell’s Corner The Fed wants to look like hawks in control. Inflation hawks tighten policy to cool the economy, whereas […]
Read moreMarch 28, 2022
St. Patrick’s Day was mostly mask-free this year as things continue to normalize in the U.S. 🍀 It’s said that leprechaun’s pot of gold has a coin for each year of its life. Recent flight-to-safety trading and inflation in the markets values that pot-o-gold at ~$2 million. 🌈 This week’s edition has rate hike info, homebuilder feelings and […]
Read moreMarch 21, 2022
$2.1 trillion over one decade. … That’s not Aaron Rodgers’ new contract. That’s how much housing wealth middle-income households have gained in that time! This week’s edition includes insight into the new-construction purchase market, a big week in the economic calendar and consumer sentiment toward home prices. Fuel Up! 🚀 Biz Buzz Job openings remain […]
Read moreMarch 14, 2022
NASCAR champion Tony Stewart listed his Indiana mansion for $30M this week. Race on over before someone else crosses the finish line – this property will go fast! This week’s edition includes younger home buyer demographic trends and how you can help buyers young and old save on their purchase loan. Fuel Up! 🚀 Biz […]
Read moreMarch 05, 2022
This week’s edition has record home price growth, record cash-out interest and tips to scale your business. Fuel Up! 🚀 Biz Buzz Home prices post biggest calendar year of growth than in the 34 years of the Case-Shiller national home price index, at 18.8%. FHFA’s report showed similar growth and highlighted Arizona, Utah and Idaho […]
Read moreFebruary 26, 2022
The Rams got the job done last week, enjoyed a nice parade in LA, and now are back to work for the ’22 season. This week’s edition has cash-out, crosswords and purchase-market training. Fuel Up! 🚀 Redfin takes a tailspin down 17%, expecting Q1 losses bigger than 2021 losses. Their iBuying unit made $4 million […]
Read moreFebruary 19, 2022
Matt Stafford and the Rams get a chance at the second ever home-field Super Bowl (after the Bucs did it last year), and Tom Brady gets a chance to take Matt Damon’s mantle as Chief Crypto-Ambassador. Watch out, Elon. This week’s edition has credit card debt, avocados and a formula to lock in 10% […]
Read moreFebruary 12, 2022
What would you do with Ten Trillion Dollars? That’s how much equity is in the U.S. housing market waiting to be tapped. This week has Wordle, the Metaverse and a whole lotta homeowner equity. Fuel Up! 🚀 Biz Buzz The New York Times Buys Wordle – Rocket Fuel Launches Pro Puzzles Stewards of the classic […]
Read moreFebruary 05, 2022