Rocket Mortgage - Team Tempe

05/05/2026

Mortgage myths are keeping would-be buyers on the sidelines, according to a new Veterans United survey.

Nearly half think they need more than 5% down for a conventional loan, 34% believe they need a credit score of 700 or higher, and two-thirds think rates are at an all-time high. In reality, many loan programs accept scores as low as 620, and today's 6% to 7% rates pale next to the record high of 18.6% in October 1981.

05/02/2026

Home sellers currently owe taxes on profits above $250,000 for single filers and $500,000 for married couples, thresholds unchanged since 1997 even as home prices have climbed more than 260%. About 1 in 3 homeowners now have more equity than those exemptions protect. Sen. Ted Cruz is proposing to index capital gains to inflation, reducing the taxable portion of any gain, while others want to double the exemption caps entirely.

04/30/2026

Mortgage rates edged up to 6.30% for the week ending April 30, reversing three weeks of declines after new inflation signals prompted the Federal Reserve to hold rates steady, according to Freddie Mac. Rates remain well below last year's 6.76% average for the same period.

Despite the uptick, buyer demand is accelerating, with purchase applications up more than 20% from a year ago. "It is clear that purchase demand continues to hold up as prospective buyers react to both modestly lower rates and more inventory to choose from," said Freddie Mac chief economist Sam Khater.

Read more: https://rltor.cm/M71V4t

04/17/2026

04/11/2026

Helping people home in Arizona, Colorado & California!

04/09/2026

Whether you want to buy or refi, Rocket Mortgage can help you finance your home. Compare home loan options and apply online today.

03/24/2026

Fannie Mae and Freddie Mac are updating condo insurance rules that could lower costs and expand mortgage eligibility for tens of thousands of units. But starting January 2027, condo associations must set aside 15% of annual income for maintenance reserves, up from 10% now.

03/23/2026

Existing-home sales rose 1.7% in February to a seasonally adjusted annual rate of 4.09 million, as mortgage rates touched a three-year low and more first-time buyers entered the market, the National Association of Realtors reported. First-time buyers accounted for 34% of sales, the highest share in five years.

"Housing affordability is improving, and consumers are responding," said NAR Chief Economist Lawrence Yun, "but there is a long way to go to return to pre-pandemic levels."

Read: https://rltor.cm/wFwbsw