Rocket Cos. (NYSE:RKT), parent of Rocket Mortgage, agreed to acquire real estate broker Redfin (NASDAQ:RDFN) in a deal valued at $1.75B that will combine one of the most-visited brokerage websites with the largest mortgage lender,

Rocket Companies (RKT) stock is in focus after it was announced that it is set to buy Redfin (RDFN) in an all-stock deal valued at $1.75 billion. Madison Mills takes a closer look at the planned acquisition.

One of the biggest mortgage lenders in the U.S. said it would pay $1.75 billion to buy a well-known real-estate brokerage. The deal, once it goes through, could have major consequences for millions of home buyers.