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
As of September 27, 2025, the U.S. housing market finds itself in a perplexing and challenging phase. Despite a promising streak of nine consecutive weeks of falling mortgage rates, which saw the average 30-year fixed rate dip to an 11-month low, indicators for future home sales have taken a
September 26, 2025 – The financial markets are closely watching mortgage rates as they enter a period of anticipated stability, hovering in the mid-6% range for a 30-year fixed conventional mortgage. This comes despite a recent Federal Reserve interest rate cut, highlighting the complex interplay of economic forces at play. For
Meta introduced a new pair of AI-powered glasses, Google announced a partnership with PayPal and AI updates to Chrome, and the Federal Reserve cut interest rates, but is concerned about both the economy and inflation.
Pending U.S. home sales dipped roughly 1% from a year earlier during the four weeks ending September 21, the first decline in nearly three months, according to a new report from Redfin, the real estate brokerage powered by Rocket.
U.S. home prices rose 0.2% from a month earlier in August on a seasonally adjusted basis, up slightly from the 0.0% monthly growth rate posted in July. August marks the first time since January that the rate of home-price growth increased compared to the prior month, according to a new report from Redfin, the real estate brokerage powered by Rocket.
A Beverly Hills estate previously owned by billionaire real estate magnate and 2022 Los Angeles mayoral candidate Rick Caruso was the most expensive home sale of August, fetching $48 million. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. It’s followed by a new-construction mansion in Greenwich, CT, which fetched $44 million.
The American housing market stands at a pivotal juncture, with economists and real estate experts forecasting a gradual recalibration in mortgage rates and a cautious, yet discernable, resurgence in home sales through 2025 and 2026. After a period marked by elevated interest rates and sluggish transaction volumes, the prevailing sentiment
The American housing market is currently navigating a pivotal phase, marked by a significant slowdown that has fueled widespread public anxiety. Experts and current data, however, largely point toward a "correction"—a necessary rebalancing—rather than a catastrophic "crash" akin to the 2008 financial crisis. This crucial distinction carries immediate
The U.S. housing market in 2024 and 2025 finds itself in a challenging and transformative period, largely dictated by the persistent grip of elevated mortgage rates. While rates have shown recent signs of a modest descent, they remain significantly higher than the historic lows witnessed during the pandemic, creating
The U.S. housing market is entering a new phase of recalibration, with leading financial institutions and housing authorities predicting a landscape of continued, albeit significantly moderated, home price appreciation through 2024 and 2025. This consensus among experts, including Fannie Mae, J.P. Morgan, Goldman Sachs, and the National Association
The U.S. housing market is currently in a delicate state of rebalancing, transitioning from an intense seller's advantage to a more nuanced, albeit challenging, environment for both buyers and sellers. Recent data on home sales activity and buyer demand paints a mixed picture, reflecting the ongoing impact of elevated
The specter of the 2008 financial crisis often looms large whenever the housing market faces uncertainty. However, a deep dive into today's real estate landscape reveals a fundamentally different picture, underpinned by significantly stricter lending standards, robust homeowner equity, and a persistent shortage of available homes. These critical distinctions are
The North American real estate market finds itself at a pivotal juncture, as both the U.S. Federal Reserve and the Bank of Canada have initiated interest rate cuts in September 2025. While these monetary policy shifts aim to ease the financial burden on consumers and stimulate economic activity, the
The global property market is currently navigating a complex and often contradictory landscape, marked by a significant divergence in price trends across advanced and emerging economies. While overall real house prices have seen a slight global decline, largely driven by downturns in key emerging markets, advanced economies are witnessing a
Ever since interest rates started to rise in 2022, the American mortgage market has been stuck. With recent economic data, though, mortgage rates have been coming down and it's bringing buyers and refinancers out of the woodwork.
There were an estimated 35.2% more home sellers than buyers in the U.S. housing market in August (or 505,915 more, in numerical terms). This is according to a new report from Redfin, the real estate brokerage powered by Rocket. June 2025 is the only month in records dating back 2013 when sellers outnumbered buyers by a greater percentage—36.3%. In other words, this summer was the strongest buyer’s market on record.
Active listings of homes for sale fell 1.4% month over month in August—the largest seasonally-adjusted decline since June 2023, according to a new report from Redfin, the real estate brokerage powered by Rocket. They rose 9.7% from a year earlier—the smallest year-over-year increase since March 2024.
The U.S. housing market continues to navigate a challenging landscape, with home builder confidence remaining stubbornly low, mirroring levels last seen in the depths of 2022. This protracted period of pessimism, primarily fueled by elevated mortgage rates, persistent inflation, and acute affordability concerns, casts a long shadow over the
The typical New York homeowner impacted by the raised state and local tax (SALT) deduction cap could save more than $7,000 a year—the highest of any state. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
The median U.S. home-sale price rose 2.2% year over year during the four weeks ending September 14, the biggest increase in five months. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
The Federal Reserve delivered its first interest rate cut of 2025 on September 17, adjusting the benchmark federal funds rate target range to 4.00%-4.25% with a 0.25% reduction. This highly anticipated "risk management cut" is a strategic move to address a softening economy and concerns over
The Federal Reserve has embarked on a new chapter of monetary policy, delivering a hypothetical 0.25% interest rate cut in September 2025. This pivot signals a strategic shift towards easing, aimed at bolstering economic activity amidst a backdrop of potential economic softening. For the real estate market, this modest
Washington D.C. – September 17, 2025 – In a widely anticipated move, the Federal Reserve today announced a 0.25% reduction in the federal funds rate, bringing its target range to between 4.00% and 4.25%. This decision marks a significant pivot in the central bank's monetary policy, signaling a
