Shares in billionaire Dan Gilbert’s Rocket Companies soared as much as 26% in their Wall Street debut, following a downsized initial public offering. So reports Bloomberg.

While mortgage loans kept increasing in the second quarter, overall household debt dropped for the first time since 2014 amid the coronavirus pandemic. So reports Bloomberg.

Long-term mortgage rates have fallen again, with the benchmark 30-year fixed-rate mortgage touching an all-time low for an eighth time this year. So reports MarketWatch.