The number of mortgages in active forbearance rose for the second week in a row, climbing by by 21,000 (+0.08) since last Tuesday, pushing the total back up above 2.7 million after falling below that threshold for the first time since last April earlier this month.

Bill Bodnar of The Mortgage Market Guide (MMG) explains that long-term interest rates moved up to their highest levels in a year despite significant bond buying from the Fed. What's next?

Rocket Companies, which includes Quicken Loans, has announced a record profit for its first year as a public company. So reports the Detroit Free Press.