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
In a move that has sent shockwaves through the financial markets, mortgage lender stocks staged a massive rally this week following the Trump administration's announcement of a direct intervention in the secondary mortgage market. The plan, which involves the purchase of $200 billion in mortgage-backed securities (MBS), is designed to
In a move that has sent shockwaves through the financial sector, President Donald Trump signed an executive order on January 8, 2026, directing the government-sponsored enterprises (GSEs) to purchase $200 billion in mortgage-backed securities (MBS). The directive, aimed at bypasses the Federal Reserve’s traditional interest-rate-setting authority, seeks to directly
The landscape of American residential real estate shifted fundamentally this morning as Compass Inc. (NYSE: COMP) officially completed its acquisition and privatization of Anywhere Real Estate (formerly NYSE: HOUS). The deal, which closed on Friday, January 9, 2026, marks the end of Anywhere’s tenure as a standalone public entity
PennyMac Financial Services (NYSE:PFSI) surged to an all-time high of $137.90 on January 8, 2026, marking a significant milestone for the mortgage giant and signaling a broader resurgence in the financial services sector. The stock's 37% climb over the past year comes as the industry navigates a pivotal
The median U.S. monthly housing payment fell to $2,365 during the four weeks ending January 4, down 4.7% from a year earlier and the lowest level since the start of 2024. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Coastal Florida claimed the crown for the most expensive home sale of 2025, with a beachfront compound in Naples selling for $133 million. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. It was followed by two Los Angeles estates, each fetching $110 million. Every home on this year’s top 10 list sold for over $60 million, with Florida and California dominating the list.
The landscape of American real estate is undergoing its most significant regulatory transformation in decades. As of January 2, 2026, the full implementation of the White House’s new assessment methods for government-backed mortgage loans has officially moved from pilot programs to the industry standard. This shift, spearheaded by the
Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence.
With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players.
As the sun sets on 2025, the United States housing market is finally emerging from a multi-year deep freeze, characterized by a "Great Thaw" that has fundamentally shifted the landscape for buyers, sellers, and institutional investors. After years of gridlock caused by the "lock-in effect" of low-interest mortgages and skyrocketing
Real estate investors are buying roughly 40% of the land selling in areas impacted by the January 2025 California wildfires, according to a new report from Redfin, the real estate brokerage powered by Rocket.
As the 2025 holiday season draws to a close, the U.S. housing market has received a long-awaited gift. Freddie Mac’s final Primary Mortgage Market Survey of the year, released this week, confirms a significant downward trend in borrowing costs, with the average 30-year fixed-rate mortgage slipping to 6.
The American housing market has crossed a sobering psychological and financial threshold. As of late 2025, total U.S. mortgage debt has climbed to a staggering $13.07 trillion, a figure that highlights the growing strain on household balance sheets in an era of "higher-for-longer" interest rates. This milestone comes
There were an estimated 37.2% more home sellers than buyers in the U.S. housing market in November (or 529,770 more, in numerical terms), according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s the largest gap in records dating back to 2013 aside from this summer. It compares with 35.6% a month earlier and 17% a year earlier.
Irondequoit, NY—a suburb of Rochester—is the most competitive housing market in the U.S., according to a new report from Redfin, the real estate brokerage powered by Rocket. Homes in the lakeside town typically sell in just 8.5 days and for well over their asking price. It’s followed by Sunnyvale, CA, Santa Clara, CA, Tonawanda Town, NY (a Buffalo suburb), and Mountain View, CA.
U.S. home prices climbed 0.2% month over month in November on a seasonally adjusted basis, slightly smaller than October’s 0.3% monthly increase. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
In a dramatic legal escalation that threatens to redefine the boundaries of executive power, a coalition of 21 Democratic-led states and the District of Columbia filed a lawsuit on December 22, 2025, to prevent the total operational shutdown of the Consumer Financial Protection Bureau (CFPB). The lawsuit, filed in the
As the calendar turns toward the end of 2025, the U.S. housing market is finally shaking off the "deep freeze" that paralyzed transaction volumes for nearly two years. This nascent "thaw" is being driven by a rare alignment of stabilizing mortgage rates, a series of late-year interest rate cuts
Active listings of homes for sale fell 1.4% month over month in November—the biggest drop since June 2023 on a seasonally adjusted basis. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. New listings dropped 2.2% month over month to the lowest level since April 2024 on a seasonally adjusted basis.
Shares of fintech mortgage provider Rocket Companies (NYSE:RKT) jumped 2.8% in the afternoon session after Jefferies initiated coverage on the company with a "Buy" rating and a $25.00 price target.
Shares of fintech mortgage provider Rocket Companies (NYSE:RKT) jumped 2.8% in the afternoon session after an analyst at Keefe, Bruyette & Woods raised the company's price target to $20 from $18.
U.S. pending home sales fell 5.8% from a year earlier during the four weeks ending December 14, the biggest decline since the start of 2025. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
