Apparently all statistics classes have been wrong – check out how European researchers observed a 50.8%/49.2% flip rate (and how you could you use this to win a few bets with your friends). In this edition: a new ARM option, greater prevalence of multigenerational homes, and how you could get your hands on a $20 billion sunken […]
Read moreNovember 13, 2023
Author: Carla Ayers In the last 5 decades, the number of Americans living with multiple generations under one roof has quadrupled, according to the Pew Research Center. More than 59 million people live in multigenerational households or a home that includes two or more adult generations. Whether it’s parents and adult children or a “skipped generation” […]
Read moreNovember 10, 2023
Beer belly wrestling, a mullet competition and selfies with alligators! Don’t miss the first-ever Florida Man Games coming up in February. Refereed by two former American Gladiators, this will be an event that you’re sure to maybe remember! In this edition: the economy remains stable, the Fed holds steady and don’t forget to set your clocks! Fuel […]
Read moreNovember 06, 2023
In this edition: Purchase Plus availability expands, town names ready for Halloween and potential student loan repayment habits. Fuel Up! 🚀 Purchase Plus Expansion Great news for borrowers in six major metropolitan areas – Rocket Pro℠ TPO’s Purchase Plus offering has been expanded by over 900 census tracts! Borrowers in all nearly 2,700 census tracts covered by […]
Read moreOctober 30, 2023
Author: Isabel Lenzen There’s often a discrepancy between the things that people intend on doing and what they actually get done. In social psychology this is called the “intention behavior gap.” Previous research on the intention behavior gap shows that across a wide variety of behavior domains, there is, on average, a statistically significant gap in […]
Read moreOctober 13, 2023
In this edition: Rocket Pro℠ TPO is the first to announce 2024 conforming loan limits, how you can help your clients lower their down payments and apparently you can’t bring an alligator to a baseball game. Fuel Up! 🚀 2024 Conforming Loan Limits Are Live With Rocket Pro TPO For the second straight year, Rocket Pro TPO […]
Read moreOctober 09, 2023
Author: Kevin Graham The housing market is at the tail end of another home buying season. Since the pandemic, the real estate market is experiencing a fair amount of volatility. An early freeze on home sales in March and April 2020 quickly gave way to the hottest market in recent memory as Americans looked for […]
Read moreOctober 05, 2023
Originally Published: October 3, 2023 Last Updated: October 3, 2023 Author: Kevin Graham The government gets funded with a combination of American taxpayer dollars and government debt. Our elected representatives must pass a budget detailing how the government funds are to be spent. If there’s no agreement in place by the deadline, a federal government shutdown takes […]
Read moreOctober 03, 2023
At this point, the major question around Capitol Hill isn’t about if we’ll see a government shutdown, but rather how long it will last. In the meantime, take a tour of Big Ben in London (technically Elizabeth Tower). In this edition: consumer confidence, how the Fed would handle a shutdown, the government’s latest album and more! Fuel […]
Read moreOctober 02, 2023
Talk about a power couple: Justin Timberlake and Tiger Woods are opening a sports bar in NYC that is rumored to be 22,000 square feet with everything a sports fan could ask for. In this edition, what you need to know as a mortgage professional about a potential government shutdown, the Fed’s latest decision and more. […]
Read moreSeptember 25, 2023