Rocket Companies

Seattle – November 12, 2026 -- The median U.S. home-sale price fell 0.9% year over year to $388,613 in the four weeks ending Nov. 8, the fourth consecutive weekly decline after three years of increases, according to Redfin.

Monthly mortgage payment drops to a six-week low of $2,755

The median monthly mortgage payment, seasonally adjusted, was $2,755 at a weekly average mortgage rate of 7.18%. That compares with $2,820 a month earlier. Falling prices and slightly lower rates are both easing the cost of buying.

Pending sales stay flat at the lowest level since 2021

Pending home sales slipped 0.1% from a week earlier and remain at the lowest level in Redfin's records dating back to 2021. Redfin said dipping mortgage rates likely prevented a bigger decline.

Daily average rates fell to a six-week low of 7.17% last week. They have since ticked back up after a hot inflation report.

SEATTLE – October 29, 2026 -- The median U.S. home-sale price fell 0.1% year over year to $389,601 in the four weeks ending Oct. 25, the first annual decline in more than three years, according to Redfin.

Prices decline for a second straight week after three years of gains

The latest drop follows a 0.2% decline the previous week. Prices had risen for three straight years before turning down.

Pending sales fall to the lowest level in records dating to 2021

Pending home sales dropped 1.8% from a week earlier. For the third consecutive week, pending sales declined in all 50 of the most populous U.S. metro areas.

Monthly mortgage payment reaches $2,786, up 10.7% year over year

The median payment is the second-highest in Redfin's records, behind only the prior week. The weekly average mortgage rate was 7.32%, down from 7.4% a week earlier but still near a three-year high.

Detroit – October 19, 2026 -- Dan Gilbert, founder and chairman of Rocket Companies and Bedrock, pledged approximately $1 billion in development capital to a new nonprofit that will redevelop, own and operate the Renaissance Center and the surrounding 35-acre east riverfront district. The gift will not be repaid, and Gilbert and his companies will receive no profits from the project.

The project carries a $2.2 billion development plan. The district currently consists largely of surface parking lots.

Dallas – October 12, 2026 -- Southwest Airlines Co. (NYSE: LUV) has appointed two sitting chief executives, Jason Liberty of Royal Caribbean Group and Varun Krishna of Rocket Companies, to its Board of Directors, effective immediately.

The Board said it chose directors with public company leadership experience and expertise in technology, digital innovation, commercial strategy and financial leadership. Southwest is executing its strategic priorities and aims to drive shareholder value.

Detroit – September 29, 2026 -- Rocket Mortgage will become the first mortgage lender to adopt VantageScore 4.0 as its preferred credit scoring model for eligible loans, starting in the fourth quarter of 2026.

Rocket Mortgage found VantageScore 4.0 qualifies more clients while cutting scoring costs

Following roughly four months of testing, the lender determined VantageScore 4.0 helped more clients move forward in the mortgage process and reduced credit scoring costs. So far in 2026, Rocket Mortgage pulled 1.4 million credit reports using both VantageScore and FICO models to compare outcomes.

Clients who saved with the new model averaged $1,600 at closing

The lender's internal study found VantageScore 4.0 opens access for some clients who would otherwise go unserved and allows many to secure mortgages on better pricing terms. For those who benefited, average savings totaled $1,600 at closing.