Posts published in “transaction costs”

Rocket seeing ‘awesome early data’ from Redfin acquisition

By The Citizen on July 31, 2025

CEO Varun Krishna says lender has already seen a surge in leads and higher conversion rates from the Redfin deal, thanks to “cross pollination” of…

Rocket offers preferred mortgage pricing for Redfin-linked deals

By The Citizen on July 1, 2025

With closure of merger, homebuyers get temporary rate buydown or up to $6,000 in lender credits from Rocket Mortgage when the buyer or seller is…

Rocket reorganizes to close Redfin acquisition, Mr. Cooper on deck

By The Citizen on July 1, 2025

By handling every aspect of homebuying and selling, from search to financing to title and closing — Rocket aims to cut transaction costs on the…

Rocket: Redfin acquisition will cut consumer transaction costs by half

By The Citizen on March 11, 2025

Rocket executives say that a whopping $20,000 in savings from unifying home search, buying, selling, mortgage, title and servicing could allay antitrust concerns and keep…

As mortgage lenders’ costs rise, so do homebuyers’ closing costs

By The Citizen on April 22, 2022

Rising home prices and lender costs helped drive up homebuyers’ closing costs by 13.4 percent in 2021, to an average of $6,905. Loan production expenses…