Rocket Companies Inc., the Detroit-based homeownership platform, has completed its acquisition of Redfin, integrating the most-visited real estate brokerage website with America's largest mortgage lender. The merger aims to simplify the homebuying experience under the unified brand "Redfin Powered by Rocket." As part of the integration, Rocket Companies introduced Rocket Preferred Pricing, offering homebuyers a one percentage point interest rate reduction for the first year or a lender credit at closing when financing through Rocket Mortgage and purchasing a home listed by or with the help of a Redfin agent. This collaboration seeks to bridge the gap between the aspiration and reality of homeownership, enhancing the services available to homebuyers, real estate agents, and mortgage brokers.
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