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
The median U.S. home-sale price rose 2.3% during the four weeks ending November 16, the biggest increase in seven months, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Homebuyers need to earn an annual income of $74,508 to afford the median-priced home in rural U.S. counties. That’s up 105.8% from before the pandemic, when rural buyers needed to earn $36,206, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Dan Loeb's Third Point doubled its Microsoft stake and boosted Meta, Amazon, and Nvidia while fully exiting Workday and multiple industrial names in Q3.
There were an estimated 36.8% more home sellers than buyers in the U.S. housing market in October (or 528,769 more, in numerical terms)—the largest gap in records dating back to 2013. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
A brand-new oceanfront estate in Delray Beach, FL was the most expensive home sale of October, bringing in $59 million. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Numerous housing metrics were flat in October—a notable shift from the ups and downs of recent years, according to a new report from Redfin, the real estate brokerage powered by Rocket.
U.S. home prices climbed 0.3% month over month in October on a seasonally adjusted basis, following a 0.2% gain in September. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the thrifts & mortgage finance stocks, including Rocket Companies (NYSE:RKT) and its peers.
Holiday cheer is colliding with financial fear, with 28% of Americans trimming their decorating budgets this year and 26% reining in gift spending, according to a new survey from Rocket Mortgage and Redfin, the real estate brokerage powered by Rocket. The pullback isn’t due to a lack of holiday spirit. It's a sign of the times, with many people choosing to spend cautiously amid economic uncertainty.
U.S. pending home sales fell 0.3% from a year earlier during the four weeks ending November 9, a tiny decline but the first in four months, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Nationwide, just over one in five (21.8%) home listings are affordable to the typical U.S. military veteran using a VA loan, while 26.5% are affordable to the typical veteran using a conventional loan. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
AI is rapidly transforming the mortgage-backed securities (MBS) market, moving from an experimental tool to an essential component of operations as of November 2025. This integration promises significant benefits in efficiency and insight, but simultaneously introduces new and amplified financial risks, drawing uncomfortable parallels to the conditions that contributed to the 2007 debt crisis. Financial [...]
Nearly half of Americans (45%) say they’re less likely to make a major purchase like a home or car due to the ongoing federal government shutdown, according to a new Redfin survey. That share has doubled over the past month, rising from 21% in early October to 45% in early November—as detailed in a new report from Redfin, the real estate brokerage powered by Rocket.
The average U.S. long-term mortgage rate has recently climbed to 6.22%, marking a notable reversal after a four-week period of steady declines. This uptick, which also saw 15-year fixed-rate mortgages rise, suggests a new phase for the housing market, potentially impacting both prospective homebuyers and those considering refinancing.
Flood-prone America is losing more residents than it’s gaining for the first time since 2019, according to a new report from Redfin, the real estate brokerage powered by Rocket. High-flood-risk counties saw 29,027 more people move out than in last year. By comparison, low-flood-risk counties saw 35,941 more people move in than out—the largest gain since 2019.
U.S. pending home sales ticked up 0.7% year over year during the four weeks ending November 2, the smallest increase in four months, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Rocket Companies delivered a positive Q3, with the market responding favorably to its year-over-year sales growth and non-GAAP profit outperformance versus analyst consensus. Management attributed the results to market share gains in both purchase and refinance segments, as well as the effective integration of Redfin and Mr. Cooper. CEO Varun Krishna highlighted that the company’s AI initiatives enabled faster lead conversion and improved pipeline management, stating, “Our platform enables our team to shift into overdrive and capture market opportunities on a dime.”
Nationwide, 7.3% of mortgaged homebuyers used a VA loan in August, up from 6.5% a year earlier and the highest share for that month since 2019. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
SAN FRANCISCO, Nov. 05, 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”).
