Ally, HouseCanary Offer $5K Grant To Homebuyers

Ally, HouseCanary Offer $5K Grant To Homebuyers

Ally Home and HouseCanary are offering a $5,000 grant to homebuyers in three major metros. The grant can be used for a down payment, closing costs, or other expenses that arise during the homebuying process. Buyers within select markets in Charlotte, Detroit, and Philadelphia are eligible, though Ally may expand the program in the future….

Rocket Rolls Out Rewards Program That Can Be Put Towards Closing Costs

Rocket Rolls Out Rewards Program That Can Be Put Towards Closing Costs

Rocket Companies has rolled out a rewards program that allows consumers to get points towards various transactions across Rocket’s platforms, the company announced. In its first phase, consumers will be able to use Rocket Rewards on closing costs when financing a home through Rocket Mortgage. “Rocket Companies is known for delivering exceptional client service and…

Refi Closing Costs Still Less Than 1% Of Loan Amount In 2021

Refi Closing Costs Still Less Than 1% Of Loan Amount In 2021

The national average closing costs in 2021 for a single-family property refinance were up $88 YOY, but still less than 1% of the average refi loan amount, according to CoreLogic’s annual Refinance Closing Cost Report. The average closing cost was $2,375, up 3.8% from 2020’s $2,287. The average refi loan amount was $304,909. By contrast,…

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