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
Washington D.C. – November 3, 2025 – U.S. Treasury Secretary Scott Bessent has issued a stark warning, declaring that the American housing market is currently in a "housing recession," a downturn he directly attributes to the Federal Reserve's restrictive monetary policies. Speaking on CNN's "State of the Union" this past
In a stark warning echoing through the financial markets, U.S. Treasury Secretary Scott Bessent declared this week that the American housing sector is already mired in a recession, directly attributing the downturn to the Federal Reserve's "tight policies." Speaking on CNN, Secretary Bessent called for an accelerated pace of
October 31, 2025 – The United States housing market received a significant boost today as the 30-year fixed-rate mortgage (FRM) dipped to 6.17%. This unexpected decline, marking the lowest rate in over a year, has sent ripples of optimism through prospective homebuyers and real estate professionals alike, hinting at a
Fintech mortgage provider Rocket Companies (NYSE:RKT) fell short of the markets revenue expectations in Q3 CY2025, but sales rose 21.3% year on year to $1.61 billion. On the other hand, next quarter’s outlook exceeded expectations with revenue guided to $2.2 billion at the midpoint, or 4.5% above analysts’ estimates. Its non-GAAP profit of $0.07 per share was 46.5% above analysts’ consensus estimates.
Only 28 out of every 1,000 (2.8%) U.S. homes have changed hands in 2025—the lowest turnover rate in at least 30 years. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Fintech mortgage provider Rocket Companies (NYSE:RKT) fell short of the markets revenue expectations in Q3 CY2025, but sales rose 21.3% year on year to $1.61 billion. On the other hand, next quarter’s outlook exceeded expectations with revenue guided to $2.2 billion at the midpoint, or 4.5% above analysts’ estimates. Its non-GAAP profit of $0.07 per share was 46.5% above analysts’ consensus estimates.
The typical U.S. luxury home sold for $1.26 million in September, up 4.8% from a year earlier and a record high for the month. That’s more than twice the pace of price growth for non-luxury homes, which rose 1.8% year over year to a median of $371,583. This is according to a new report from Redfin, the real estate brokerage powered by Rocket.
The median U.S. monthly housing payment was $2,530 during the four weeks ending October 26, down 1.4% year over year. That’s the biggest decline since November 2024, according to a new report from Redfin, the real estate brokerage powered by Rocket.
October 29, 2025 – Despite a series of recent interest rate cuts by the Federal Reserve, the housing market finds itself in a peculiar holding pattern, with mortgage rates showing little sign of significant downward movement. Financial experts and economists largely agree that the Fed's easing actions, including the latest quarter-point
Rocket Companies shares are trading lower Wednesday afternoon, caught in a broader market sell-off fueled by comments from Federal Reserve Chair Jerome Powell.
Newly built homes made up 26.8% of single-family homes for sale nationwide in August, the lowest level in four years, according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s down from 28.2% a year earlier and 30.6% two years earlier.
SAN FRANCISCO, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Girard Sharp LLP, a national investment, securities, and consumer class action firm, is investigating potential securities claims on behalf of former investors of Mr. Cooper Group Inc. (“Mr. Cooper”) who received shares of Rocket Companies, Inc. (“Rocket” or the “Company”) in connection with Rocket’s acquisition of Mr. Cooper on October 1, 2025 (“Merger”).
As the calendar turns to late October 2025, the financial markets are abuzz with anticipation: the Federal Reserve's multi-year journey of quantitative tightening (QT) appears to be nearing its conclusion. This pivotal shift in monetary policy, expected as early as the upcoming Federal Open Market Committee (FOMC) meeting on October
The housing market in the San Francisco Bay Area is picking up steam thanks to rising incomes, an AI boom and a return to the office, according to a new report from Redfin, the real estate brokerage powered by Rocket.
As the closing bell rings on October 27, 2025, the Financials sector within the S&P 500 (SPX) finds itself in a precarious yet potentially pivotal position. While today's specific performance data remains to be fully dissected, the sector's inherent sensitivity to broader macroeconomic forces suggests a day of underlying
