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Rocket will use the offering, which is split between notes due in 2031 and 2034, to pay debts, including Senior Notes due this year.
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Goldman Sachs pushed its next expected Fed rate cuts into 2027, while J.P. Morgan expects the central bank to stay on hold this year.
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Existing-home sales rose 3.2 percent in May to a seasonally adjusted annual rate of 4.17 million, the highest level since December, according to NAR. The median price hit $429,300, marking 35 consecutive months of year-over-year gains.
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Wendy Forsythe has been promoted to Chief Operating Officer at eXp Realty, the cloud-based brokerage announced this week.
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Better Home & Finance and Coinbase have funded the first Fannie Mae-backed mortgage collateralized by Bitcoin, with plans to open the product to qualified borrowers nationwide by this summer.
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Douglas Elliman agent and former professional golfer Johnny DelPrete shares the key to building a solid network in the luxury market.
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The agents winning on video right now aren't the ones with the best gear, Maris Callahan Messervey writes. They're the ones who started before they felt ready and got better as they went.
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Time is running out for MLSs to chart their own course and take back power from both Compass International Holdings and Zillow, coach Darryl Davis writes.
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Stop pushing clients toward decisions, broker-owner Deb Siefkin writes, and start helping them understand the tradeoffs and the reasoning behind their move.
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Non-conforming mortgages have hit their highest share of originations since the 2008 housing crash. Here's what's driving the surge, why most analysts aren't panicking and what agents need to know.
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Compass didn't create off-market selling, Compass International Holdings Chief Economist Mike Simonsen writes. It created the first innovative, structured alternative to something the industry was already doing.
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Realtracs has rescinded its June 8 deadline, saying negotiations over its direct listing feed with Zillow are "active and productive."
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May closed sales hit a near four-year high, but pending contracts tell a different story. Here's what the latest Redfin and Freddie Mac data say about where the market is headed.
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While agents Intel surveyed in May were divided on how listings should be shared, they weren't concerned about their own ability to compete.
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James Dwiggins and Keith Robinson sit down with luxury's Shelton Wilder to answer the question, "What happens when relentless ambition becomes its own addiction?"
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Instagram launched a $3.99-per-month subscription this week, and it's not the only platform putting features behind a paywall. Here's what changed, what it means for your marketing and whether any of it is worth paying for.
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When the news is gloomy and the crowd goes silent, Darryl Davis writes, the real estate professional who keeps reaching out is the one who gets heard.
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Location, location, location may no longer be the cardinal rule of real estate when it comes to finding a market that's both attractive and affordable.