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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) and Compass International Holdings (NYSE: COMP) announced a three-year strategic alliance to add Compass' unique inventory to Redfin, potentially bringing more than 500,000 additional listings and leveraging nearly 2 billion Redfin visits projected in 2026.
The deal grants Compass agents access to over 1 million Redfin buyer inquiries and offers Rocket Mortgage preferred pricing, including a one-percentage-point first-year rate reduction or up to $6,000 lender credit for Compass clients.
Rocket-powered Redfin (RKT) reports the weekly average 30-year mortgage rate fell to 6.01%, the lowest since Sept 2022, cutting the median U.S. monthly mortgage payment to $2,599 (down 2.6% YoY) and boosting buyer purchasing power by about $34,000.
Despite improved affordability and touring activity gains, pending sales fell 5.5% YoY, new listings declined 2.8% and home prices rose 1% YoY, leaving many buyers sidelined ahead of spring.
Redfin (RKT) reports the median first-time homebuyer age fell to 35 in 2025 (from 36 in 2024); the median repeat buyer age dropped to 47 (from 52). Mortgage rates averaged 6.6% in 2025, affordability improved slightly, and Gen Z homeownership rose to 27.1%.
Redfin notes its Census-based method produces younger median ages than NAR's survey-based estimates (NAR: first-time 40, repeat 62).
Redfin (RKT) reports a record January cancellation rate: 13.7% of pending home sales were canceled nationwide in January 2026, up from 13.1% a year earlier. Cancellation rates are highest in San Antonio (21.2%), Atlanta (18.5%) and Cleveland (17.9%), and lowest in San Francisco (3.5%).
Redfin attributes the rise to buyer-leaning markets with more sellers than buyers and to buyer financial uncertainty amid high housing costs and economic worries.
Redfin (powered by Rocket, NYSE:RKT) reports nearly half of U.S. residents (49%) struggle to afford rent or mortgage payments, up from 44% in May 2025. Gen Z is hit hardest: 67% struggle and just 27.1% own homes.
Common sacrifices include eating out less (39%), skipping vacations (34%), selling belongings (16%), and skipping meals (15%). Redfin expects affordability to modestly improve if mortgage rates stay near 6% and wage growth outpaces housing costs.
Redfin reports a nationwide imbalance: in January sellers outnumbered buyers by 44% (about 600,314 more sellers), the second-largest gap since 2013. Only five metros were seller’s markets; most of the Sun Belt and West were strong buyer’s markets. Homebuyers fell to an estimated 1.36 million, the lowest on record.
Regional extremes include Miami (+159% more sellers), Milwaukee (+11% median price growth YoY) and Newark (31% fewer sellers than buyers).
Redfin (RKT) reports the median U.S. home sale price rose 1.1% year-over-year in January to $422,921, while weak buyer demand produced the strongest buyer’s market in recent history. Pending sales, existing-home sales and overall sales fell month over month, and the typical home spent 66 days on market.
Mortgage rates eased to 6.1% and wages rose 3.7% YoY, but cancellations and slow sales kept price growth subdued.
Redfin (RKT) reports U.S. pending home sales fell 5.8% year-over-year in the four weeks ending Feb. 15, 2025, the largest decline in a year.
The typical home now takes 67 days to go under contract, median sale price is $379,176 (+1.1%), weekly average 30-year rate is 6.09%, and new listings dropped 3.1%.
Redfin (RKT) reports that a waterfront Naples, FL estate led January’s priciest U.S. home sales at $55 million. Two sales topped $40 million and all top-10 transactions exceeded $29 million. Six of the 10 most expensive January sales occurred in Florida; others were in CO, HI, CA and NY.
Redfin (RKT) reports U.S. home prices rose 0.3% month-over-month in January 2026 and 2.1% year-over-year, extending a nearly 12-month slowdown in annual growth. The Redfin Home Price Index uses repeat-sales methodology and shows mixed metro performance, mortgage rates at 6.09%, and a record 47% more sellers than buyers.
Prices fell month-to-month in 14 of the 50 largest metros; largest January gains were in Philadelphia, Providence and San Francisco, while Austin, San Antonio and Jacksonville led year-over-year declines.