Rocket will use the offering, which is split between notes due in 2031 and 2034, to pay debts, including Senior Notes due this year.
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Rocket Companies announces $1.2B senior notes offering
Homebuyers hoping for Fed relief may be waiting until 2027
Goldman Sachs pushed its next expected Fed rate cuts into 2027, while J.P. Morgan expects the central bank to stay on hold this year.
Existing-home sales hit highest level since December
Existing-home sales rose 3.2 percent in May to a seasonally adjusted annual rate of 4.17 million, the highest level since December, according to NAR.
EXp promotes marketing chief Wendy Forsythe to COO
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Fannie Mae just approved a Bitcoin-backed home loan for the first time
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