This week’s edition includes inflation’s effect on summer camps, consumer sentiment and housing costs. Fuel Up! 🚀 Biz Buzz Summer camps not immune to rising prices. Summer camp costs are high enough, but in a period of high inflation, they’re getting even worse. According to Yahoo! News and the American Camp Association, “the average cost […]
Read moreMay 23, 2022
This week’s edition looks at the correlation between home inventory and housing prices, key economic indicators, and a Rocket ProSM TPO partner dominating social media. Fuel Up! 🚀 Biz Buzz Consumer Price Index (CPI) Increased More Than Expected In April Inflation rose 8.3% in April compared to the same month last year, which was more […]
Read moreMay 16, 2022
Did you know? The second Sunday in May was officially designated as Mother’s Day in the United States by Woodrow Wilson in 1914. This week’s edition includes an in-depth look at mortgage insurance, a summary of the FOMC meeting, and a Mother’s Day-themed crossword. Fuel Up! 🚀 Biz Buzz Mother’s Day Spending This year, Mother’s […]
Read moreMay 09, 2022
When ESPN approached NFL Commissioner Pete Rozelle about televising the NFL Draft, Rozelle wondered why anyone would want to watch it. More than 40 years later, here we are. This week’s Rocket Fuel celebrates the draft as well as this week’s Take Your Child to Work Day. Fuel Up! 🚀 Biz Buzz If Draft Picks […]
Read moreMay 02, 2022
Happy (belated) Earth Day! Friday marked the 52nd observance of Earth Day in the U.S. If you’re looking to make an environmental difference, check out these nine tree-planting charities! This week’s edition goes green – startups trying to save the planet, a deep dive on solar panels and an eco-friendly crossword. Fuel Up! 🚀 Biz […]
Read moreApril 23, 2022
Tax Day is Monday! Are you a Ned Flanders-esque taxpayer that knocks out taxes ASAP, or are you more like Homer Simpson – waiting until the last second and questioning how many kids you have? Fuel Up! 🚀 Biz Buzz Responsibility Will Prevail According to the National Retail Federation, just over half of Americans who […]
Read moreApril 16, 2022
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