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Related Articles
Rocket Mortgage is fighting a homeowner's attempt to latch onto a federal enforcement lawsuit the Trump administration is seemingly intent on continuing. The lender last week filed a motion to dismiss Francesca Cheroutes' intervenor complaint, which incorporates arguments the Department of Justice made in an October filing. Prosecutors say Rocket, a...
2025-04-01
In five years, the national median average home price has increased by 20%, even when adjusted for inflation, according to a Bankrate analysis of Redfin data.This means the average American must earn nearly $117,000 to afford a median-priced property, an increase of 50% from $78,236 in 2020.Today, people looking to...
2025-04-01
Bloomberg News The Trump administration's appeal of a ruling stopping the efforts to shut down the Consumer Financial Protection Bureau was taken to the wrong court, plaintiffs argue, complicating an already heated legal challenge to the administration's activities at the beleaguered bureau. The CFPB's union countered a Saturday appeal by the...
2025-04-01
An unexpected generational shift occurred in the home purchase market in 2024, as baby boomers had the largest share of buying activity, while millennials pulled back.Furthermore, boomers were more likely to pay cash for their new residence, according to the National Association of Realtors' 2025 Home Buyers and Sellers Generational...
2025-04-01