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DETROIT — Rocket Companies on Monday announced the retirements of two senior executives. Angelo Vitale, Rocket's general counsel and secretary, retired effective Monday. Julie Booth, chief financial officer and treasurer for the Detroit-based parent company of Rocket Mortgage, will retire effective Nov. 15, according to a news release. Booth and Vitale both will remain with the company in ...

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Soaring real estate values mean many homeowners are awash in equity — the difference between what they owe and what their homes are worth. The average-priced home is up 42%…

(The Center Square) – The National Association of Realtors released new data Wednesday reporting that mortgage payments have risen more than 50% in the last year. The increase hits on the heels of data from the U.S. Census Bureau showing that new home sales fell 12.6% in July, down 29.6% from a year ago.

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Demand for single-family homes surged in the past two years, as the coronavirus pandemic prompted people to look for more living space. The increased demand, facilitated by low interest rates and coupled with supply constraints, led to soaring home prices. (These are 15 cities with the most overpriced housing markets.) But now the U.S. housing […]

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Demand for single-family homes surged in the past two years, as the coronavirus pandemic prompted people to look for more living space. The increased demand, facilitated by low interest rates and coupled with supply constraints, led to soaring home prices. (These are 15 cities with the most overpriced housing markets.) But now the U.S. housing […]