About Rocket Companies, Inc. Class A Common Stock (RKT)
Rocket Companies Inc is a consumer-focused technology company that specializes in the mortgage and real estate sectors. It is best known for its primary subsidiary, Quicken Loans, which offers a streamlined online platform for mortgage origination and refinancing, making it easier for customers to navigate the home loan process. The company leverages its innovative technology and data analytics to deliver personalized mortgage solutions, along with tools and resources for home buyers and homeowners looking to manage their financial endeavors. In addition to mortgage services, Rocket Companies also provides a range of related services, including real estate transactions, connecting clients with real estate professionals, and facilitating the buying and selling process. Read More
New York, NY – October 17, 2025 – The financial markets are abuzz today as 30-year fixed refinance mortgage rates have seen a significant drop, plunging by 19 basis points. This notable reduction brings the national average for a 30-year fixed refinance rate to 6.75%, a welcome decrease from 6.94%
The U.S. housing market is showing surprising resilience, with new home sales surging to a three-year high in August 2025, signaling a potential rebound for a sector that has faced significant headwinds. This robust performance comes just weeks before the Federal Reserve is widely expected to implement another interest
Just under three in 10 (28.8%) U.S. homebuyers paid in all cash in August, down just incrementally from 29% a year earlier, according to a new report from Redfin, the real estate brokerage powered by Rocket.
The Green Gables estate in the Bay Area, which consists of seven houses on 74 acres, was the most expensive home sale of September, bringing in $85 million. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
New listings of U.S. homes for sale rose 4.1% year over year during the four weeks ending October 12, the biggest increase in over four months, according to a new report from Redfin, the real estate brokerage powered by Rocket.
The U.S. Treasury's aggressive surge in short-term bill issuance has sent ripples through the financial markets, creating a significant liquidity drain and profoundly influencing the Federal Reserve's ongoing balance sheet reduction efforts, known as Quantitative Tightening (QT). This deluge of Treasury bills (T-bills), driven by a need to replenish
In a pivotal declaration that reverberated across financial markets, Federal Reserve Chair Jerome Powell has definitively ruled out direct intervention in the secondary mortgage market to reduce interest rates or bolster housing affordability. This unwavering stance, articulated amidst ongoing debates about the central bank's role in the housing sector, signals
Washington D.C. – October 14, 2025 – Federal Reserve Chair Jerome Powell has recently signaled the likelihood of additional interest rate cuts before the end of 2025, following a September reduction, in response to a perceived softening in the U.S. job market. This commentary has fueled cautious optimism among prospective
A number of stocks jumped in the afternoon session after the earnings season got off to a strong start as several big banks reported third-quarter results that surpassed Wall Street's expectations.
The United States economy is grappling with the deepening impact of an ongoing government shutdown, now stretching into its second week as of October 10, 2025. The stalemate in Washington has triggered an immediate information blackout, severely disrupting the release of critical economic data, and casting a long shadow of
The U.S. construction sector is grappling with a persistent slowdown, as evidenced by the latest data revealing a ninth consecutive month of declining total construction spending in July 2025. While the overall picture remains cautious, with elevated interest rates acting as a significant drag on private sector projects, particularly
The ongoing government shutdown has plunged financial markets into a state of heightened uncertainty, as the vital flow of economic data—the lifeblood of informed decision-making—grinds to a halt. With key agencies like the Bureau of Labor Statistics (BLS), Bureau of Economic Analysis (BEA), and the Census Bureau ceasing
The Federal Reserve has embarked on a pivotal monetary policy shift, initiating a series of interest rate cuts that are poised to reshape the financial landscape for local banks, creating a complex mix of immediate challenges and emerging opportunities for both lenders and borrowers. With a significant reduction in the
New listings of U.S. homes for sale rose 2.3% year over year during the four weeks ending October 5, the biggest increase in over three months, according to a new report from Redfin, the real estate brokerage powered by Rocket. Some sellers listed their homes in September as the weekly average mortgage rate dipped to 6.26%, a 10-month low, in hopes that lower rates would lure buyers.
Roughly one in six (17%) Americans are delaying a major purchase like a home or car because of the federal government shutdown. That’s according to a new survey commissioned by Redfin, the real estate brokerage powered by Rocket. Another 7% are canceling plans for a major purchase altogether.
As of late 2025, a puzzling disconnect has emerged in the financial markets, leaving homebuyers and investors grappling with a 'new reality.' Despite the Federal Reserve initiating a series of rate cuts, the anticipated relief in mortgage rates has largely failed to materialize. This unforeseen divergence challenges conventional economic
Despite recent actions by the Federal Reserve to cut benchmark interest rates, a perplexing and potentially long-lasting disconnect has emerged: mortgage rates are not following suit. This "sticky" mortgage rate phenomenon, driven by a complex interplay of market forces beyond the Fed's direct control, is reshaping the landscape for homebuyers,
UWM Holdings Corporation (NYSE: UWMC), the nation's largest wholesale mortgage lender, has seen its stock performance continue to falter, extending a losing streak that has left investors wary. The ongoing volatility and downward pressure on its shares are largely attributed to a confluence of class-action lawsuits, which, despite recent favorable
Los Angeles, CA – October 7, 2025 – KB Home (NYSE: KBH), a prominent player in the U.S. homebuilding industry, is currently facing significant investor scrutiny following a series of stock downgrades from leading analyst firms. The latest adjustment occurred today, October 7, 2025, when Evercore ISI Group moved KB Home's
Roughly 56,000 U.S. home-purchase agreements were canceled in August, equal to 15.1% of homes that went under contract that month, according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s up from 14.3% a year earlier and marks the highest August rate in records dating back to 2017.
There were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide in August, according to a new report from Redfin, the real estate brokerage powered by Rocket. That marks the fifth straight month in which there have been at least 70% more condo sellers than buyers in the U.S. housing market.
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors.
However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
