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Brookfield CEO of Real Estate: People are renting more and for longer
Bloomberg Television· 2025-07-24 18:22
Our highest conviction is still in rental housing and it's been for a while. A and uh while that may not be completely contrarian. Uh there's a chronic under supply of housing across the world.Uh home ownership as you know in the US is really out of reach for most people. So people will continue to be renters for longer and that means apartments, single family rental, student housing, all all the forms of rental housing are really interesting. Uh but what we have seen in that se in that sector is a real rep ...
House Speaker Mike Johnson: We should reduce interest rates
CNBC Television· 2025-07-18 13:27
Mr. . Speaker, do you think that that JP Pal uh is going to be around till till May. I we're trying to figure out exactly what how to uh how to handicap that at this point.Do you think he should be around in May. Is there um I guess people that wish that he wouldn't if he would resign, that's probably would be easier or that's probably not going to happen though. What do you think.How does this play out in your view. Um I'm as anxious to see how that plays out as you are. I will tell you that the sentiment ...
Rocket Companies to Announce Second Quarter 2025 Results on July 31, 2025
Prnewswire· 2025-07-17 20:05
DETROIT, July 17, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, today announced that the Company will issue its second quarter 2025 earnings on July 31, 2025. Leadership will host a conference call to discuss results at 4:30 p.m. ET on that date and a press release detailing the Company's results will be issued prior to the call.A live webcast of the eve ...
States face increasing insurance costs
CNBC Television· 2025-07-02 15:41
Let's uh move on here. Just about a week away from the reveal of CNBC's top states for business. And while tariff costs have taken center stage this year, we can't forget about the cost of insurance amidst what some are calling a national crisis for that industry.Scott Con joins us with that story. He is in one city that is seeing a spike in costs. Of course, Pacific Palisades in Southern California.Scott, that's right, David. And and the experts are saying, by the way, that tariffs will factor into all of ...
Rocket Companies Completes Acquisition of Redfin
Prnewswire· 2025-07-01 13:25
Core Insights - Rocket Companies has completed the acquisition of Redfin, combining the largest mortgage lender with the most-visited real estate brokerage website [1][2] - The integration aims to enhance the homeownership experience by offering clients significant savings through the newly introduced Rocket Preferred Pricing [2][4] Group 1: Acquisition Details - The acquisition of Redfin by Rocket Companies is expected to bridge the gap between the American Dream of homeownership and reality [4] - Redfin has adopted a new brand identity, "Redfin Powered by Rocket," to unify the homebuying experience [3] Group 2: Rocket Preferred Pricing - Rocket Preferred Pricing offers qualified clients a one percentage point reduction in their interest rate for the first year or a lender credit up to $6,000 when financing through Rocket Mortgage and purchasing a home listed by a Redfin agent [2][3] - This pricing is available for conventional, FHA, or VA loans [3] Group 3: Organizational Changes - Rocket Companies has simplified its organizational structure by collapsing its "Up-C" structure, reducing the classes of common stock from four to two [6][7] - This simplification enhances equity liquidity and improves the company's ability to use its common stock for acquisitions [8] Group 4: Company Overview - Rocket Companies, founded in 1985, operates a fintech platform that includes various businesses such as Rocket Mortgage and Rocket Homes [9] - The company is recognized for exceptional client experiences, having ranked 1 in client satisfaction for primary mortgage origination and servicing by J.D. Power 22 times [10]
Fixer Upper? Just Ask Google
Google· 2025-06-14 00:00
- [Narrator] This is Judy and Pedro. They just bought their first home and are learning a lot. Thanks to Google, Pedro knows more than he wanted to about gravel.- Huh. - [Narrator] And Judy wouldn't call herself a plumber, but she dabbles. - [Judy] Wait, how do these things work together.Honey, I did it. - [Narrator] So far, if they've learned one thing about home ownership, it's that there's a lot to learn. Good thing you can just ask Google. ...