Rocket Companies Inc Stock Price, News & Analysis

Redfin (RKT) launched AI-driven conversational home search on Redfin.com on November 13, 2025, letting consumers describe what they want in natural language and refine searches via back-and-forth dialogue.

The feature is multilingual, available on desktop and mobile web today, and support for the Redfin iOS app arrives in December 2025. Early testing shows conversational users view nearly twice as many listings and are 47% more likely to request home tours or services.

Built with Sierra, the tool integrates into the homepage, map and listing pages and learns from interactions to deliver more precise, personalized results.

Redfin (RKT) reports U.S. pending home sales fell 0.3% year‑over‑year for the four weeks ending Nov. 9, 2025, the first decline in over four months. Homes are taking a median of 49 days to go under contract, the longest for this season since 2019. The median sale price rose 2.4% YoY, the largest six‑month gain, while new listings increased 3.4% YoY and active listings rose 6.3% YoY. Weekly average 30‑year mortgage rates were 6.22%, and mortgage‑purchase applications were up 31% YoY.

Redfin notes buyers are waiting for lower rates and clearer economic conditions; sellers are advised to price realistically to attract offers.

Redfin / Rocket (RKT) reports that 21.8% of U.S. listings are affordable to the typical veteran using a VA loan and 26.5% are affordable using a conventional loan as of November 10, 2025. Affordability has improved slightly since 2023 (VA: 20.2%; conventional: 25.5%) as mortgage rates eased (6.81% in 2023 to 6.66% today) and veteran median household income rose ~10% since 2023 to an estimated $85,955. Affordability varies widely by metro: Detroit (60%) and San Antonio (53.4%) rank best; San Jose, Los Angeles and San Francisco rank worst (<1% affordable).

Redfin survey (symbol RKT) finds 45% of Americans are now less likely to make a major purchase because of the federal government shutdown, up from 21% in early October.

Survey fielded Nov 3-4, 2025 to 1,005 U.S. adults. Key findings: 28% are much less likely to buy, 7% of those with monthly housing payments missed a payment in the past three months, 13% were late, and 14% expect to be late in the next three months. Among respondents who missed/expect to miss payments, 32% cite the shutdown as a direct cause. The Congressional Budget Office estimates the shutdown could cut up to $14 billion from the U.S. economy and reduce growth by up to 2 percentage points if it continues through November.

Redfin (RKT) analysis finds high-flood-risk counties had a net domestic outflow of 29,027 people in the year ending July 1, 2024, while low-risk counties saw a net inflow of 35,941.

Top net outflow counties include Miami-Dade (-67,418), Harris County, TX (-31,165) and Kings County, NY (-28,158). Miami’s outflow accelerated from 50,637 in 2023 to 67,418 in 2024. Miami-Dade’s total population rose 2.3% in 2024 due to net international migration of 123,835.

Redfin / Rocket (RKT) reports U.S. pending home sales rose just 0.7% year-over-year for the four weeks ending Nov. 2, 2025, the smallest increase in four months. The typical home that sold in October went under contract in 48 days, the longest October span since 2019.

Mortgage rates have eased: the weekly average 30-year fixed rate was 6.17% (week ending Oct. 30), pushing the median monthly mortgage payment to $2,508 (-2.1% YoY). New listings were up 4%, active listings 6.7%, and months of supply rose to 4.7.

Redfin (RKT) reports that 7.3% of mortgaged homebuyers used a VA loan in August 2025, up from 6.5% a year earlier and the highest August share since 2019.

The number of VA loans rose 3% year‑over‑year in August while conventional loans fell 9%. VA loans are most prevalent in Virginia Beach (43.2%), Jacksonville (17.2%), and Washington, D.C. (16.7%). Report cites buyer’s market dynamics making low‑down‑payment VA offers more likely to be accepted in many metros.

Redfin (symbol RKT) reports U.S. home turnover hit a multi-decade low in 2025: just 2.77% (28 of 1,000 homes) changed hands through Sept, the lowest rate since at least the early–mid 1990s.

Sales were 37.7% lower than the 2021 pandemic peak (44 per 1,000). New listings ticked up to 3.9% (39 per 1,000). Single-family sales slightly outpaced condos: 29.9 vs 22.2 sales per 1,000 homes. Turnover varied widely by metro, from 35.2 in Virginia Beach to 10.3 in New York.

Rocket Companies (NYSE: RKT) reported Q3 2025 results with total revenue, net $1.61B, adjusted revenue $1.78B (above guidance), GAAP net loss of $124M, and adjusted net income $158M. Adjusted EBITDA was $349M. Mortgage closed origination volume was $32.4B (+14% YoY) and net rate lock volume was $35.8B (+20% YoY). Total liquidity was $9.3B (including $5.8B cash). Servicing portfolio unpaid principal balance was $613B, generating ~$1.7B annualized servicing fee income. On October 1 the company completed an all‑stock acquisition of Mr. Cooper and redeemed/refinanced legacy Nationstar notes; Jay Bray joined as Rocket Mortgage CEO. Q4 2025 adjusted revenue outlook: $2.1B–$2.3B.