Mortgages

On Thursday’s "Mad Money" show, host Jim Cramer highlighted Rocket Companies as a good stock to own in response to a caller. Cramer On Rocket Companies: The caller asked Cramer’s thoughts on Rocket Companies Inc (NYSE: RKT) going into earnings next week. The caller said they...

Rocket Mortgage continues to grow its product through partnerships with mortgage brokers and users outside its existing customer base. What Happened: Rocket Companies (NYSE: RKT) and Mint, an Intuit Inc (NASDAQ: INTU) company, announced a partnership Wednesday to bring the Rocket Mortgage platform...

Detroit-based Rocket Companies continues to expand its mortgage business after going public in 2020. What Happened: Rocket Companies (NYSE: RKT) announced Monday the launch of “Rocket Pro Insight,” a technology platform that provides real-time updates on mortgage status for real estate...

On the heels of a record year, Pontiac, Michigan-based United Wholesale Mortgage announced this week it will merge with special purpose acquisition company Gores Holdings IV Inc (NASDAQ: GHIV) in a deal that would value the firm at $16.1 billion. The combined company will list on the Nasdaq...

Rocket Companies Inc (NYSE: RKT) reported solid second-quarter results Wednesday and guided to strong volumes in the third quarter.  The Rocket Companies Analysts: Timothy Chiodo of BofA Securities maintained a Buy rating on Rocket Companies with a $32 price target.   Credit Suisse...

Earlier this year, mortgage rates dropped below 3% for the first time in more than 50 years. Despite economic downturn, many Americans are in the market to buy or sell a home. As long as T-bill rates remain low, mortgages will likely be affordable. Even before the COVID-19 outbreak, mortgage...

Detroit-based mortgage giant Rocket Companies Inc. (NYSE: RKT) filed new documents Tuesday, updating investors on its IPO plans as it sets out on its sales pitch roadshow. What Happened? On Tuesday, Rocket said it plans to raise as much as $3.8 billion by selling 150 million IPO shares at...

The average rate on the key 30-year fixed rate mortgage fell to 2.98%, the lowest rate available in over 50 years, mortgage buyer Freddie Mac said Thursday. What Happened: Mortgage rates are often tied to government bonds. Along with low interest rates, yields on the 10-year Treasury note have...

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500's (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way. Invesco Mortgage Capital’s...

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500's (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way. MFA’s Difficult Decade One...

Detroit-based mortgage giant Quicken Loans is aiming to take Rocket Mortgage and connected businesses public under the name Rocket Companies, Inc. on the New York Stock Exchange, according to an S-1 filing made Tuesday with the Securities and Exchange Commission. Rocket Companies is seeking to list...

Mortgage rates fell from 3.8% at the start of January to a multiyear low of 3.49% at a time when demand for mortgages remains strong, Jay Farner, Quicken Loans CEO, said Friday on CNBC's "Squawk Box." Farner: 'Seller's Market' Farner said there has been more purchase...

Rocket Mortgage by Quicken Loans announced Tuesday that it has secured a multiyear deal with the National Football League to become its official mortgage sponsor.  Largest-Ever Super Bowl Squares Game  Rocket Mortgage, the nation's largest mortgage lender, said in a Tuesday press...

The largest debt many Americans will take on in their lifetime is their mortgage debt. One tax benefit exists that can help some homeowners take at least a small bite out of their interest burden, but its actual benefits are extremely limited for most Americans. The Mortgage Interest Deduction...