Mortgage Giant Rocket Plunges Back to Earth, Hit by Rising Rates

Over 19 million homeowners could save money by refinancing in late 2020. Today? That number is 133,000, and that’s bad news for Rocket Mortgage.

Oct. 31, 2022 10:36 am ETanticipated. Rocket Mortgage harnessed a generation of low rates to refinance millions of homeowners. Last year, it racked up more than double the refi volume of any other lender, accounting for more than $1 of every $10 lent out during a.

Oct. 31, 2022 10:36 am ETanticipated. Rocket Mortgage harnessed a generation of low rates to refinance millions of homeowners. Last year, it racked up more than double the refi volume of any other lender, accounting for more than $1 of every $10 lent out during a

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