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.
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.
Redfin, the real estate brokerage powered by Rocket (RKT), reported U.S. pending home sales near a 12-year low.
September 2026 pending sales fell 4% month over month on a seasonally adjusted basis, the largest monthly decline in more than three years. They reached their lowest level since spring 2014, excluding April 2020. Pending sales declined year over year across all 50 most populous U.S. metros. Closed sales fell 1.6% month over month to their lowest level since the end of 2023. The weekly average mortgage rate reached 7.28% at September's end.
The median sale price rose 1.3% year over year to $393,895, the smallest increase since February. Homes for sale increased 1.2% month over month to their highest level since March 2020. Of homebuying deals that went under contract in September, 14.5% were canceled.
Rocket (RKT)-powered brokerage Redfin published a housing-cost analysis exploring when mortgage payments could return to historical income levels. Redfin estimates a hypothetical national return to August 2018 affordability levels by November 2031 with 6% mortgage rates and 2.1% annual home-price growth. With flat prices and 7.5% rates, the modeled date is April 2032; with flat prices and 6% rates, it is February 2029.
“Normal” means restoring the mortgage-payment-to-income ratio to its August 2018 level, nationally 30%, rather than making every metro affordable. At 7.5% rates, current local price trends and projected income growth imply October 2027 for San Jose, February 2028 for Austin and April 2028 for Oakland. About half the analyzed metros could take at least a decade with rates between 6% and 8% and current price growth continuing. These scenarios are hypothetical, not predictions.
Rocket (RKT)-powered brokerage Redfin reported that 21% of U.S. home sellers cut asking prices during the four weeks ending September 20.
The share rose from 19.8% a year earlier and was the highest for this time of year in records dating to early 2022. The analysis uses multiple listing service data and compares corresponding seasonal periods. Denver had the highest share at 30.9%, followed by Indianapolis at 29.9%. San Antonio, Dallas and Austin followed, each with more than twice as many sellers as buyers.
San Francisco had the lowest share, at just under 10%. Redfin attributes its competitive housing market to AI wealth. Nearly half of U.S. homebuyers are receiving seller concessions, including help with repairs, closing costs or mortgage-rate buydowns.
Rocket Mortgage, part of Rocket Companies (RKT), will default to VantageScore 4.0 for eligible loans during fourth-quarter 2026.
The change covers eligible direct-to-consumer mortgages delivered to Fannie Mae or Freddie Mac, VA loans and other eligible mortgages. After roughly four months of testing, Rocket Mortgage found that more clients qualified and credit scoring costs fell. Clients who saved money with VantageScore 4.0 saved an average of $1,600 at closing. So far this year, the company obtained 1.4 million credit reports using both VantageScore and FICO.
Investment-property and second-home mortgages, home equity, FHA and jumbo loans, and some other products will continue using FICO for now. Rocket Pro will provide mortgage brokers with both scores.
Redfin (RKT) reports that U.S. home prices rose 0.25% month over month in August on a seasonally adjusted basis, slightly below July’s 0.26% and June’s 0.27%, based on the Redfin Home Price Index covering the three months ending August 31, 2026.
Prices were up 3.7% year over year, the fastest annual growth in a year, even as August registered the strongest buyer’s market on record with elevated costs and economic uncertainty curbing demand. Month over month, prices rose most in St. Louis (1.1%) and Pittsburgh (1%), and fell most in Austin and Charlotte (both -0.7%). On a yearly basis, San Francisco led gains with a 12% increase, while Dallas saw the largest decline at -1.4%.