Rocket Companies, Inc. reports developments across a Detroit-based homeownership platform that includes mortgage, real estate, title and personal finance businesses. Recurring updates cover Rocket Mortgage loan origination and servicing activity, quarterly financial results, funding and margin trends, and integration work following completed acquisitions within its homeownership ecosystem.
Company news also includes Redfin housing-market reports, real estate search features such as Sunscore, and product activity tied to homebuyers, homeowners and agents. Additional themes include Rocket Money, Rocket Loans and Rocket Close, along with technology, data and AI initiatives used across search, origination, servicing and client engagement.
Redfin, the real estate brokerage powered by Rocket (RKT), reported U.S. home-sale prices fell for the third consecutive week year over year. For the four weeks ending Nov. 1, 2026, the median sale price was $388,604, down 0.4%. The seasonally adjusted median monthly mortgage payment reached a five-week low of $2,777, down from $2,811 in early October but up 11.1% year over year.
Seasonally adjusted pending sales fell 16.4% year over year and 0.6% week over week to 275,484, the lowest in records dating to 2021. New listings dropped 1.5% weekly to their lowest level since January. Active listings rose 2.1% annually but fell 0.5% weekly. Supply reached 4.6 months, up from 4 a year earlier. Pending sales declined in every analyzed metro for the fourth consecutive week. Redfin said buyers may have room to negotiate lower prices or other concessions.
Redfin, powered by Rocket (RKT), launched a creative franchise showcasing historic American homes to mark the nation's 250th anniversary. Redfin Presents Iconic Homes of America begins with Philadelphia's Betsy Ross House and Galveston's 1892 Bishop's Palace, combining digital tours with free public events. The first event is November 7 at the Betsy Ross House. Featured properties will debut separately and remain on Redfin through the end of 2027.
Rocket Companies (NYSE: RKT) reported third-quarter 2026 net income of $709 million, reversing a loss in the year-earlier quarter. Revenue was $3.28 billion versus $1.70 billion, while diluted earnings per share were $0.25 versus a $0.06 loss. Adjusted revenue reached $2.57 billion, and adjusted net income was $419 million versus $158 million.
Closed mortgage originations totaled $43.6 billion, including correspondent lending, with a total gain on sale margin of 2.54%. The servicing portfolio covered $2.0 trillion in unpaid principal across 9.1 million loans. Mortgage servicing rights sales generated $379 million in cash proceeds. Liquidity totaled $11.4 billion at September 30, including $2.7 billion in cash. Rocket expects fourth-quarter adjusted revenue of $2.1 billion to $2.3 billion, below third-quarter adjusted revenue.
Rocket (RKT)-powered brokerage Redfin reported that U.S. home-sale prices fell year over year for a second consecutive week. For the four weeks ending Oct. 25, 2026, the median sale price was $389,601, down 0.1% from a year earlier, following a 0.2% decline the prior week after three years of increases.
Pending sales fell 15.9% year over year and 1.8% week over week to the lowest level in records dating to 2021. The median monthly mortgage payment rose 10.7% year over year to $2,786, the second-highest recorded level. New listings declined 0.6% week over week, while active listings increased 0.3%. Pending sales declined across all 50 most populous metros for the third consecutive week.
Rocket (RKT) brokerage Redfin released an analysis identifying late-year homebuying discount windows in seven U.S. metropolitan areas.
The Redfin and Home Economics analysis identifies early November as the typical discount peak in Milwaukee, Riverside and Tampa, and mid-December in Detroit, Fort Lauderdale, Miami and West Palm Beach. Discounts measure reductions from original asking prices through price cuts or negotiations. Nationally, discounts tend to peak in early fall. The analysis reports 63% more sellers than buyers nationwide, the largest imbalance in Redfin records dating to 2013. Redfin cautions that late-year buyers may have fewer homes to choose from, despite less competition and more room to negotiate.
Rocket Companies (NYSE: RKT) will issue its third quarter 2026 earnings on October 29, 2026, before a leadership conference call. The call to discuss results will begin at 4:30 p.m. ET. A live webcast will be available in the Events & Presentations section of ir.rocketcompanies.com, with a replay available afterward.
Redfin, the brokerage powered by Rocket (RKT), reported U.S. pending home sales reached their lowest level in records dating to 2021. For the four weeks ending Oct. 18, 2026, pending sales totaled 281,749, down 14.4% year over year and 1.9% week over week. Pending sales declined across all 50 most populous U.S. metro areas for the second consecutive week.
The median monthly mortgage payment was $2,796 at a 7.4% mortgage rate, the second-highest payment in Redfin's records. The median sale price rose 0.2% year over year to $390,614. New listings fell 1.4% week over week, while active listings increased 0.1%. Months of supply reached 4.4, up from 4 a year earlier.
Redfin, powered by Rocket (RKT), reported that U.S. home prices rose 0.25% month over month in September. The seasonally adjusted increase followed 0.21% in August. Prices rose 3.8% year over year, the fastest annual growth since June 2025. September data covers the three months ending September 30, 2026.
Prices increased monthly in 34 of the 50 most populous U.S. metros, led by Philadelphia at 1.9% and Pittsburgh at 1.3%. Miami also gained 1.3%, while Chicago and San Francisco each rose 1%. Prices fell in 16 metros, led by Fort Worth at 0.9% and New Brunswick at 0.6%. Dallas, Seattle and Nassau County each declined 0.4%.
San Francisco led annual gains at 14%, followed by West Palm Beach at 10.4% and Chicago at 10.3%. Annual prices declined in six major metros, five in Texas plus Seattle; San Antonio had the largest drop at 2.1%.
Redfin, powered by Rocket (RKT), reported that median U.S. home asking prices fell 0.3% year over year, their first decline since March.
For the four weeks ending Oct. 11, 2026, the seasonally adjusted median asking price was $396,881. The median sale price rose 0.5% to $391,116, the slowest annual growth since March. Seasonally adjusted pending sales increased 1.5% week over week but fell 12.7% year over year, remaining at their lowest recorded level except the prior week. The seasonally adjusted median monthly mortgage payment reached $2,777, up 8.8% annually. A record 22% of active listings had price cuts, versus 20.9% a year earlier.
Rocket (RKT) brokerage Redfin reported an estimated 62.6% surplus of U.S. home sellers over buyers in September, a record since 2013. The gap widened from 56.9% in August, marking the fourth consecutive record month. Estimated buyers fell 2.4% month over month to 928,892, the lowest count in records dating to 2013 and the fifth consecutive monthly decline. Sellers rose 1.2% to 1,510,784, the highest count since March 2020.
Of the 50 metros analyzed, 41 were buyer's markets, four were balanced and five were seller's markets. Miami had the largest seller surplus at 158.9%, followed by Nashville and Houston. Nassau County, Montgomery County, Newark, Milwaukee and San Francisco were the seller's markets. Redfin attributes the national imbalance to high housing costs and economic uncertainty limiting demand. In August, home-sale prices rose an average of 6.4% year over year across the five seller's markets, versus 1% across buyer's markets.