With mortgage rates back into the 7% range and several consecutive weeks of reduced demand, Rocket Mortgage is making what appears to be a volume play. 

The third party origination (TPO) division of Rocket Mortgage on Monday announced the rollout of its latest product, 24 Takeoff, which allows mortgage broker partners to receive a 24 basis point credit on all eligible loans until Nov. 17. 

A company spokesperson confirmed that the credit can be used for both purchases and refinances on conventional, VA and FHA loans.

The announcement, made in a YouTube video featuring Rocket details ⇒

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