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Homebuyers take a breather as mortgage rates continue to fall
Purchase loan demand eased last week, but rates are expected to keep falling on a new report showing there are more people unemployed than there are job openings for the first time since the pandemic.
RE/MAX purchases Compass’ North Shore offices in Chicago
RE/MAX has purchased Compass's Chicago North Shore office locations, Inman learned on Wednesday. Compass offloaded the brick-and-mortar locations as a result of its $444 million acquisition of @properties Christie's International Real Estate, which closed in January.
Mr. Cooper shareholders approve merger with Rocket Companies
Rocket hopes the $9.4 billion deal will help it capture 20 percent of all mortgage refinancing and wrest back its title as the nation's biggest mortgage lender from rival United Wholesale Mortgage.
