Rocket revamps real estate arm, moves home search to Redfin

Rocket Companies has begun to reshape Rocket Homes, its real estate subsidiary, following the closing of its acquisition of Redfin. The changes include sunsetting Rocket Homes’ search portal, consolidating agent networks and executing layoffs. Users who visit the Rocket Homes website are now met wit

Douglas Elliman doesn’t want private listings to be the norm

While some brokerages are leaning into the use of private listing networks, luxury firm Douglas Elliman said it does not want private listing networks to become the norm. “At Douglas Elliman, we have a long- standing commitment to offering clients greater choice and flexibility while continuing to p

LPT Realty, Aperture Global book their spot on the Nasdaq ticker

Cloud-based brokerage LPT Realty and its luxury spinoff Aperture Global Real Estate on Monday announced their reservation of a combined Nasdaq stock ticker as they prepare for an initial public offering. “One step closer to our IPO,” Michael Valdes, the CEO of LPT International, wrote in an Instagra

Mortgage rates hit lowest levels of 2025

Following the surprising jobs report released on Friday, the 10-year yield dipped slightly on Monday. As a result, mortgage rates have reached a new low for 2025, with Mortgage Daily News reporting a rate of 6.57%. Remarkably, we haven’t seen a single Fed rate cut this year! The bond market influenc