Chicago-headquartered Guaranteed Rate introduced OneDown, a mortgage product that features down payment options as low as 1% plus an additional 2% contribution towards that down payment. OneDown also offers borrowers a $1,000 contribution toward lender fees. The...
Banc of California Inc. (NYSE: BANC) and PacWest Bancorp (NASDAQ: PACW) have signed a definitive agreement to enact an all-stock merger transaction. Under the terms of the agreement, PacWest will merge into Banc of California, and Banc of California, N.A. will merge...
The Los Angeles-area home that was the retirement residence for legendary funnyman Bud Abbott sold for $1.25 million. The 0.27-acre property in Woodland Hills, California, features a three-bedroom, two-bathroom, 1,286-square-foot home built in 1956, along with a...
Rocket Mortgage Canada, a digital mortgage broker and part of Rocket Companies (NYSE: RKT), has expanded its operations to become a mortgage lender. The company is currently offering its own mortgage products in Ontario, where it is headquartered, and plans to expand...
U.S. residential rent prices were down 1% year-over-year in June, according to new data from Realtor.com. June marked the first year-over-year decrease in rent for one-bedroom units since 2020, following the first such drop in rent for two-bedroom units in May....
U.S. home prices were up for the fourth consecutive month in May, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price Index. Before the seasonal adjustment, the U.S. National Index posted a 1.2% month-over-month increase in May, while the...
A Phil Hall Op-Ed: Lost in the Mail
