Detroit-headquartered Rocket Mortgage, a part of Rocket Companies (NYSE: RKT), has unveiled RocketRentRewards, a new program designed to provide closing cost credits for renters. According to the company, homebuyers with a Rocket mortgage earn 10% back on the last 12...
The Department of Government Efficiency (DOGE) task force within the Department of Housing and Urban Development (HUD) is seeking public assistance to audit the agency. In the new @DOGE_HUD account on X, the task force wrote: “DOGE is looking for help from the general...
Renting is more affordable than buying a home in all but two of the top 50 metro markets in January, according to a new data report from Realtor.com. One year ago, there were six markets where buying was less expensive than renting. The average median asking rent in...
The 133-acre site of a defunct New Jersey hospital has received approval to become a $350 million mixed-use development with 1,005 apartments. NJBiz.com reports the City of Orange approved a plan to renovate the former Orange Memorial Hospital into a new development...
Final Offer, the Boston-headquartered residential real estate platform, has acquired Private Collection, a source of listing information for off-market properties. The financial terms of the deal were not disclosed. According to a statement from the companies, the...
Australia’s central bank enacted its first rate cut since November 2020. The Reserve Bank of Australia announced the benchmark interest rate will be reduced by 25 basis points to 4.10%. The central bank held the rate at 4.35% since November 2023 after 13 consecutive...
