Rocket mortgage's "welcome home ratebreak" unlocks the door to lower mortgage payments and thousands in savings for homebuyers

New temporary buydown option eases the transition into homeownership with rocket mortgage covering the cost of a lower interest rate for two years detroit , aug. 26, 2024 /prnewswire/ -- rocket mortgage, the nation's largest mortgage lender and a part of rocket companies (nyse: rkt), today introduced "welcome home ratebreak," a lender-paid 2-1 temporary buydown program. buyers can enjoy significant savings with a mortgage rate reduced by two percentage points in the first year, then one percentage point in the second year before returning to the note rate in the third year and until the mortgage is paid off.
RKT Ratings Summary
RKT Quant Ranking