US homeowner tenure held steady in 2024 from a year earlier, while it grew to more than 19 years in Los Angeles amid state tax incentives, according to a report published Wednesday by Redfin (RDFN).

With the Redfin-Rocket deal, buyers could end up paying even more. Previous research by Piskorski and his co-authors found that when fintech mortgage lenders offered more convenience to borrowers, ...