News · 26 weeks168-44%
2025-12-142026-06-07
Mix9290d
- Other63(68%)
- Insider18(20%)
- Analyst5(5%)
- SEC Filings3(3%)
- Earnings2(2%)
- Leadership1(1%)
Latest news
25 items- PRNew Listings Fall 1.3%, One of the Biggest Weekly Declines of 2026Redfin reports would-be home sellers are stepping back as high rates and economic jitters keep buyers on the sidelines New listings of U.S. homes for sale are down 1.3% week over week, one of the biggest declines of the year. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Prospective home sellers are backing off because homebuying demand has slowed down. Pending home sales ticked down 0.2% week over week during the week ending May 31—a small decline, but the third in a row. Mortgage-purchase applications fell to their lowest level in six weeks. There are a couple reasons house hunters—and, by extension, would-be sellers—are stepping back:
- PRRedfin Reports Sellers Are Pulling Their Homes Off the Market at Near-Record RatesMore sellers are delisting as their homes sit on the market longer than they'd like and/or they're unable to fetch the price they want. Some sellers who delisted their homes in the last year are relisting them: 2.5% of homes are relistings that were previously pulled off the market, the highest share since 2020. Redfin Early Access, which allows homeowners to test the market privately to gather pricing feedback, may help sell homes the first time they're listed. Nationwide, 5.8% of all U.S. home listings were taken off the market in April, according to a new report from Redfin, the real estate brokerage powered by Rocket. That's tied with December 2025 for the highest share sinc
- PRRedfin Reports the Typical Homebuyer's Down Payment Falls to $64,000 As Americans Hold Onto CashDown payment percentages were highest in three California metros: San Jose, San Francisco and Anaheim (25% each). They were lowest in Virginia Beach (2%) and Detroit (5%), which are both relatively affordable markets. Median down payment percentages fell most in Fort Lauderdale, Las Vegas and Atlanta. It rose most in Tampa, Denver and Miami. The typical U.S. homebuyer put down $64,000 in March, 1.5% less than a year earlier, according to a new report from Redfin, the real estate brokerage powered by Rocket. In percent terms, the typical homebuyer puts down 15% of a home's purchase price, down from 16.1% a year earlier. These findings are from a Redfin analysis of county record
- PRRocket Mortgage, Nation's #1 Mortgage Lender, Adopts VantageScore 4.0 Credit Score for MortgagesThe Top 30 Largest Mortgage Originators in the U.S. Now Use VantageScore 4.0 VantageScore 4.0 Delivers More Predictive Decisioning by Leveraging More Data While Reducing Costs and Risk VantageScore today announced that homebuyers can now use VantageScore 4.0 credit scores to qualify for home loans at the top-30 mortgage lenders, including Rocket Mortgage – the largest mortgage lender. VantageScore 4.0 is available to those who apply for home financing directly with Rocket Mortgage or through one of the thousands of mortgage brokers who are partnered with Rocket Pro. This additional credit score option is intended to help make homeownership accessible for millions more creditworthy Am
- PRRedfin Reports Investor Home Purchases Fall to Lowest Level Since 2020Elevated housing costs, a slower-than-usual housing market and a cooling rental market are squeezing potential returns for U.S. investors U.S. investor home purchases fell 6% year over year in the first quarter to their lowest level since 2020, when the start of the pandemic ground homebuying to a halt, according to a new report from Redfin, the real estate brokerage powered by Rocket. Prior to 2020, the last time investors bought so few homes was in 2016. Investor home purchases fell in the first quarter largely because elevated housing costs squeezed potential returns. While mortgage rates were slightly lower in the first quarter than recent peaks, dipping into the low-6% range from n
- PRHigher Mortgage Rates Push Pending Home Sales Down for Second Straight WeekRedfin reports some would-be homebuyers are hesitating as housing costs rise and the ongoing Iran war makes the economy feel shaky Fewer house hunters are going under contract to buy homes, according to a new report from Redfin, the real estate brokerage powered by Rocket. U.S. pending home sales fell 1.5% from a week earlier on a seasonally adjusted basis during the week ending May 24, the second straight decline after four weeks of increases. Additionally, mortgage-purchase applications decreased to their lowest level since early April. House hunters are backing off mainly because mortgage rates are rising, with the daily average hitting a 10-month high of 6.75% last week. Higher ra
- PRRedfin Reports 29% of U.S. Homebuyers Paid Cash in March—the Lowest Share For That Month Since 2020With hundreds of thousands more home sellers than buyers in the market, fewer house hunters feel inclined to make cash offers to stand out in bidding wars. Economic uncertainty is also encouraging buyers to hold onto cash and finance home purchases. Just under three in 10 (28.8%) U.S. homebuyers paid in all cash in March, down from 29.8% a year earlier and tied with 2021 for the lowest March share since 2020, according to a new report from Redfin, the real estate brokerage powered by Rocket. The prevalence of all-cash home purchases peaked at nearly 35% in 2023 because mortgage rates hit a two-decade high of almost 8% during that time. Buyers who could afford to were inclined to pay in
- PRRedfin Reports the Income Needed to Afford a Home Declined For Seventh Straight Month in AprilHomebuying affordability improved slightly in April because mortgage rates declined while incomes rose. Still, the income required to afford a home was $29,000 higher than the typical U.S. income—and mortgage rates rose again in May, potentially erasing some of the affordability gains made in April. A household earning the average U.S. income would need to spend 40% of their income on the median-priced home, down from 42% a year ago 33% of home listings are affordable, up from 29% a year ago—but down from more than 50% five years ago Americans needed to earn $116,780 to afford the typical U.S. home for sale in April, down 2% from $119,191 a year earlier. That's according to a new
- PRLuxury Home Prices Rise Amid Uptick in High-End Homebuying and SellingRedfin reports the median luxury sale price is up 4% year over year—more than double the gain in non luxury prices The median U.S. luxury home sale price rose 3.6% year over year to $1.39 million during the three months ending April 30—more than double the 1.4% gain in non luxury sale prices. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Luxury prices are on the rise as demand for luxury homes increases. Pending sales of luxury homes jumped 4.3% year over year—the largest gain since January 2025. That's slightly larger than the 4% gain in non luxury pending sales, which was the biggest since December 2024. Homebuyer demand has generally been
- PRRedfin Reports Home Purchase Cancellations Are No Longer on the Rise As Demand Ticks UpContract cancellations declined slightly in April as homebuyers and sellers gained a clearer sense of the housing market after years of volatility, and as demand picked up Just over 47,000 U.S. home-sale agreements fell through in April, equal to 13.4% of homes that went under contract that month. That's down incrementally (-0.1 percentage points) from a month earlier, according to a new report from Redfin, the real estate brokerage powered by Rocket. It's also tied with January for the lowest level of contract cancellations since September 2024, though the level has varied by less than half a percentage point over the last year and a half. This is based on a Redfin analysis of MLS pe
- PRPending Home Sales Slip for First Time Since Early April as Mortgage Rates ClimbMortgage rates jumped to a 10-month high, spooking would-be homebuyers and sellers after a few weeks of solid demand U.S. pending home sales fell 1.1% from a week earlier during the week ending May 17, the first decline since early April, according to a new report from Redfin, the real estate brokerage powered by Rocket. Pending sales are still at their second-highest level since September 2022, but it's notable that the jump seen over the last several weeks is starting to reverse. Note that this data is seasonally adjusted. Additionally, mortgage-purchase applications declined 4% week over week. Homebuying demand fell because mortgage rates increased. The daily average mortgage rate
- PRRocket and Redfin Boost Home Affordability With New Offer, Saving Buyers Up To $20,000Existing Rocket Mortgage serviced clients can save up to $20,000, while new clients can save up to $12,000 when they buy, sell and finance togetherDETROIT, May 19, 2026 /PRNewswire/ -- Rocket Mortgage and Redfin, both part of Rocket Companies (NYSE:RKT), today announced the launch of a new offering for eligible homebuyers and sellers to save up to $20,000 on their next home when they buy and sell with a Redfin agent and finance with Rocket Mortgage. The savings are delivered through a combination of lender-paid credits from Rocket Mortgage and commission discount from Redfin. "W
- PRPrice Drops Are Becoming Slightly Less Common As Housing Market StabilizesRedfin reports more than half of home sellers are cutting prices in San Antonio, Austin, Dallas and Phoenix, which remain strong buyer's markets More than one-third (35.4%) of U.S. home sellers cut their asking price in April, according to a new report from Redfin, the real estate brokerage powered by Rocket. That's down slightly from 35.6% a month earlier on a seasonally adjusted basis, and down from a record high of 36.6% in August. Price cuts have become slightly less common because the housing market is picking up as homebuyer demand rises, which is helping sellers regain some negotiating power. Buyers are slowly returning as the job market improves and Americans become a bit more c
- PRRedfin Reports U.S. Home Prices Rose 0.2% in AprilMontgomery County, PA saw the biggest price gain, followed by Cleveland and Nassau County, NY. The biggest declines were in Oakland, CA, Newark, NJ and Phoenix. U.S. home prices rose 0.2% month over month in April on a seasonally adjusted basis, and climbed 2.1% year over year. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. This is according to the Redfin Home Price Index (RHPI), which uses the repeat-sales pricing method to calculate seasonally adjusted changes in single-family home prices. The RHPI measures how sale prices of homes have changed since their previous sale—similar to the S&P Cotality Case-Shiller Home Price Indices—but is repor
- PRRedfin Launches Redfin Early Access, Helping Buyers Find Homes Earlier and Sellers Test the Market With More ConfidenceNew survey finds 83% of prospective home sellers are interested in premarketing their home before a broad market debut Redfin today launched Redfin Early Access, a new search category featuring homes buyers won't find on other major real estate sites. Redfin Early Access includes homes that are only on Redfin, plus pre-market listings from Compass International Holdings' portfolio of brands through the companies' exclusive national partnership. Buyers can now find thousands of Redfin Early Access homes on Redfin.com, giving them an early look at homes they can't find elsewhere, while helping sellers test pricing and demand before a broader market debut. "A lot of homeowners want to sell
- PRPending Home Sales Jump 10% From a Year Ago to Highest Level Since 2022Redfin reports sale prices are rising as homebuying demand strengthens U.S. pending homes sales jumped 9.6% year over year to their highest level since September 2022, on a seasonally adjusted basis. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Pending sales are rising in every major U.S. metro except three (Houston, Detroit and Seattle). Mortgage-purchase applications are up 4% week over week. Strengthening demand is pushing up prices. The median home-sale price rose 2.2% year over year during the four weeks ending May 10, the second-biggest increase in the last seven months. More homebuyers are entering the market partly because the jo
- PRRocket Companies CEO Varun Krishna to Present at JP Morgan Global Technology, Media, and Communications ConferenceDETROIT, May 12, 2026 /PRNewswire/ -- Rocket Companies (NYSE:RKT) ("Rocket Companies" or the "Company"), the Detroit-based homeownership platform today announced that Chief Executive Officer, Varun Krishna, will participate in a fireside chat at the 54th annual JP Morgan Global Technology, Media, and Communications Conference. The event will be held at the Westin Boston Seaport District Hotel in Boston, Massachusetts, on Tuesday, May 19, at 1:35 p.m. ET. A live webcast of the event will be available on the "Events & Presentations" section of the Company's Investor Relations webs
- PROnly Half of Service Members Are Aware VA Loans Require No Down PaymentRocket Mortgage data highlights persistent awareness gaps limiting VA loan utilization among eligible service membersDETROIT, May 12, 2026 /PRNewswire/ -- As U.S. homebuyers grapple with affordability concerns, new data from Rocket Mortgage shows fewer than half (48%)2 of eligible service members consider a VA loan. Awareness of key benefits is also limited: only 54% know VA loans require no down payment1, and just four in 10 (39%) realize they don't require private mortgage insurance (PMI)1, despite median savings of $10,600 in 2025 compared with a similar conventional loan with PMI4.
- PRAmerica's Housing Market Favors Buyers—But Their Advantage Is Finally Starting to ShrinkRedfin reports an estimated 47% more sellers than buyers in April, down from 48% the month before and a peak of 49% at the end of last year. The gap is shrinking as buyers start to come off of the sidelines amid a stabilizing job market. The negotiating power held by buyers may be past its peak, according to a new report from Redfin, the real estate brokerage powered by Rocket. There were an estimated 46.5% more home sellers than buyers in the U.S. housing market in April, down from 47.5% the month before and a high of 48.9% in December 2025. When sellers outnumber buyers, buyers typically hold more negotiating power because they have options. That's why a market with a lot more sellers
- PRRedfin Reports Home Prices Posted the Biggest Increase in Over a Year in AprilThe median U.S. home sale price rose 2.4% year over year—the largest gain since March 2025 Pending home sales reached the highest level since 2023 as the labor market stabilized Sellers came off the sidelines, too, with active listings hitting the highest level since 2020. The median U.S. home sale price rose 2.4% year over year—the biggest increase since March 2025—as house hunters came off the sidelines amid a stabilizing job market. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. The April jobs report showed stronger-than-expected hiring, reducing recession risk. This likely helped fuel a pop in housing demand. Pending home sales hit
- SECSEC Form NT 10-Q filed by Rocket Companies Inc.NT 10-Q - Rocket Companies, Inc. (0001805284) (Filer)
- PRRedfin Survey: U.S. Residents Prioritize Sunlight Over Home Size—and It Affects How Happy They Are at HomeApproximately 1 in 10 (11%) U.S. residents identified sunlight as "non-negotiable, one of the most important features" when considering a new home. Natural light also impacts how people feel at home: 2 in 3 (67%) U.S. residents said sunlight has an impact on how satisfied they are with their living situation, including 29% who said it impacts them "a lot." Nearly half (44%) of U.S. residents would prefer a smaller home with more sunlight over a larger home with less sunlight, according to a new report from Redfin (redfin.com), the real estate brokerage powered by Rocket. Roughly half as many (24%) would prefer the opposite: A larger, dimmer home over a smaller, brighter home. This
- PRSunscore Launches on Redfin to Show Homebuyers How Much Sunlight a Home GetsFrom 0-100, home searchers can easily see how much sunlight a property receives. Sunscore was co-developed with Shadowmap and is available exclusively on Redfin. Redfin (redfin.com), the real estate brokerage powered by Rocket, today launched Sunscore, a property-level score that tells home searchers exactly how much natural light a home receives from 0-100. The launch marks an exclusive U.S. partnership with the developer of Sunscore, Shadowmap, which provides a global interactive 3D map for sun-path visualization, shadow analysis and solar planning. "We know from customer feedback that sunlight is a priority for house hunters," said Ariel Dos Santos, Redfin's Chief Product and Design
- SECRocket Companies Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits8-K - Rocket Companies, Inc. (0001805284) (Filer)
- PRRocket Companies Announces First Quarter 2026 ResultsGenerated Q1'26 total revenue, net of $2.94 billion and adjusted revenue of $2.82 billion. Adjusted revenue came in above the high end of our guidance range.Reported Q1'26 GAAP net income of $297 million and adjusted net income of $422 million.Delivered Q1'26 adjusted EBITDA of $738 million.DETROIT, May 7, 2026 /PRNewswire/ -- Rocket Companies, Inc. (NYSE:RKT) ("Rocket Companies" or the "Company"), the Detroit-based homeownership platform company including mortgage, real estate, title and personal finance businesses, today announced results for the first quarter ended March 31, 2026.
RKT FAQ
7 questionsWhat does Rocket Companies Inc. do?
Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and eCommerce businesses in the United States and Canada. It operates in two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; Rocket Auto, an automotive retail marketplace that provides centralized and...Where does RKT stock trade?
Rocket Companies Inc. (RKT) is listed on NYSE.What sector and industry is RKT in?
Rocket Companies Inc. operates in the Finance sector, Finance: Consumer Services industry.When did Rocket Companies Inc. go public?
Rocket Companies Inc. (RKT) completed its IPO in 2020.What are analysts saying about RKT?
Rocket Companies Inc. has had 8 recent analyst actions on file. The most recent action was from Stephens: Overweight with a $2250.00 price target on 2026-04-24. Recent price targets range from $1900.00 to $2500.00.What companies are similar to RKT?
Notable peers in the same industry include AXP (American Express Company), SPGI (S&P Global Inc.), MCO (Moody's Corporation), NU (Nu Holdings Ltd.), COIN (Coinbase Global Inc.). Compare RKT side-by-side with any of them on Quantisnow.How can I track RKT on Quantisnow?
Quantisnow aggregates Rocket Companies Inc.'s SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow RKT to receive live email and push alerts on every new disclosure.