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DOJ sues Rocket Mortgage
Justice Department sues Rocket Mortgage, alleging racially biased appraisal
The U.S. Justice Department filed a lawsuit Monday against Rocket Mortgage and a group of appraisal companies for undervaluing a Black woman's Denver home in the latest allegation of housing discrimination that has widened the decades-long wealth gap for communities of color.
Rocket Mortgage accused of racial discrimination against Black Colorado homeowner
The Justice Department has filed a lawsuit against Detroit-based Rocket Mortgage, alleging that the company canceled a Black homeowner's refinance application after she reported that her home was undervalued due to racial bias.
DOJ sues Rocket Mortgage over alleged racial discrimination
The U.S. Department of Justice is taking legal action against Rocket Mortgage for alleged discriminatory practices in a Black homeowner's mortgage refinance application.
Rocket Mortgage sued for racial discrimination against Black Denver homeowner
A homeowner in Denver is at the center of a lawsuit filed by the U.S. Department of Justice against Rocket Mortgage with federal prosecutors alleging racism in a mortgage refinance application.
Rocket Mortgage accused of discriminating against Black homeowner who sought to refinance
Feds say appraiser used data from a different neighborhood to undervalue a Black woman's Denver home. Rocket calls lawsuit a 'massive overreach.'
Justice Department Sues Rocket Mortgage and Appraisal Firms for Racial Bias Against Black Homeowners
The U.S. Department of Justice (DOJ) has filed a lawsuit against Rocket Mortgage LLC, Solidifi US Inc., Maverick Appraisal Group Inc., and appraiser Maksym Mykhailyna, accusing them of racial discrimination
DOJ sues Rocket Mortgage after Black homeowner got lowball appraisal
The U.S. Department of Housing and Urban Development believes that Rocket and two appraisal firms violated the Fair Housing Act.
Mortgage Rates Today, Oct. 22
Mortgage Rates Today, Oct. 22: Median Rate Rises to 6.75%
As of Oct. 22, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.75%, which is 0.12 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.88%, which is 0.13 percentage points higher than yesterday.
Mortgage Calculator: This Is How Much You Need To Buy a $425,000 Home With a 6.44% Rate
Assuming a 3.5% down payment and excluding tax and insurance, the typical payment at today’s 6.44% mortgage rate on a median-priced $425,000 home is roughly $2,576 per month. Last week, a median-priced home at a 6.32% mortgage rate would have cost homebuyers $2,544 per month—$32 less than what buyers would pay today.
Today's Mortgage Rates, October 22, 2024 | Why the Strong Labor Market is Keeping Rates High
Mortgage rates for October 22, 2024, are around 6.35%, according to Zillow data. Mortgage rates have increased thanks to strong jobs data and shifting expectations around Fed rate cuts. Next year, rates should go down.
1d
Today’s 30-year mortgage interest rates hold at 6.63%, while 15-year mortgage rates fall to 5.75%
Thinking about taking out a mortgage loan? Current mortgage rates stay at 6.63% for 30-year terms, while 15-year terms ...
12h
Mortgage Refinance Rates Climb to New 2-Month High
With a third daily increase, 30-year mortgage refi rates have risen to their highest level since mid-August—rising up from ...
14h
on MSN
Home Builder Stocks Drop. Higher Mortgage Rates Hurt.
The iShares U.S. Home Construction exchange-traded fund, which tracks builders and related companies, was down 2.6% shortly ...
7h
The best mortgage lenders near Houston
The best mortgage lenders in Houston make your home-buying experience easier. Consult this list before choosing a lending ...
7h
Lower Mortgage Rate, But Higher Offer: Buying a House Is Still Hard
Even though mortgage rates have softened since last year, homebuyers are still paying over asking price to secure their dream ...
1d
Why mortgage rates are going up despite the Fed's interest rate cut
Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the ...
13h
Saudi Arabia Taps BlackRock to Build Mortgage-Backed Securities Market
Saudi Arabia has hired the world’s biggest fund manager to help it develop a market for mortgage-backed securities as the ...
10h
What is a mortgage application fee, and do you have to pay it?
A lender may charge a mortgage application fee when you submit your final loan application. Find out whether you have to pay ...
2d
DOJ Accuses National Mortgage Lender of Redlining in Alabama
Federal prosecutors have accused mortgage lender Fairway Independent Mortgage Corp. of discriminatory redlining practices in ...
8h
on MSN
PennyMac Mortgage Q3 earnings bolstered by lower mortgage rates
PennyMac Mortgage Investment Trust (NYSE:PMT) posted Tuesday "outstanding" results for the third quarter of the year, said ...
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