With closure of merger, homebuyers get temporary rate buydown or up to $6K in lender credits from Rocket Mortgage when the buyer or seller is represented by a Redfin agent
By handling every aspect of homebuying and selling, from search to financing to title and closing, Rocket aims to cut transaction costs on the median priced home in half, from $40k to $20k
Rocket executives say unifying home search, buying, selling, mortgage, title and servicing could net $20K in savings — which might allay antitrust concerns and keep RESPA regulators at bay