Uwm Holdings Corp

Rocket Companies Shares Slide Amid Mortgage Rate Surge, Erasing Analyst Boost

Rocket Companies shares declined sharply Friday, underperforming peers as rising mortgage rates pressured the sector. The drop reversed gains from a recent analyst upgrade.

Markets 4d ago

Mortgage Rates Dip Amid Treasury Retreat, Housing Data Mixed

U.S. mortgage rates retreated Monday, with the 30-year fixed average dropping to 6.36%. The move followed a decline in the 10-year Treasury yield, though housing demand signals remain uneven.

Economy Mar 16

Rocket Companies Stock Slides as Mortgage Rates Surge Past 6%

Rocket Companies stock declined 3.7% to $14.58 Thursday as mortgage rates rose above 6% and housing-related equities faced selling pressure. The company projected Q1 revenue between $2.6 and $2.8 billion.

Markets Mar 12

Mortgage Rates Climb, Pressuring Lender and Homebuilder Stocks

Mortgage rates increased on Tuesday, with the 30-year fixed rate reaching 6.15%. Major mortgage lenders and homebuilder ETFs declined as rising Treasury yields weighed on the sector.

Markets Mar 3

Mortgage Rates Slide to 6.01%, Yet Housing Market Momentum Remains Elusive

The average 30-year fixed mortgage rate dropped to 6.01% this week, hitting a multi-year low. However, mortgage lenders and homebuilder stocks exhibited mixed performance amid tepid housing data.

Economy Feb 20

Mortgage Rates Dip as Markets Pause; Builders Gain Ahead of Fed Minutes

U.S. mortgage rates declined slightly, with the average 30-year fixed rate at 6.13%. Markets were closed for Presidents Day, with homebuilder equities advancing ahead of key economic data this week.

Economy Feb 16

Mortgage Demand Dips as Strong Jobs Data Lifts Yields, Pressuring Lender Stocks

U.S. mortgage applications declined slightly last week while lender shares fell after a robust employment report pushed Treasury yields higher, dampening near-term rate cut hopes.

Economy Feb 11

Mortgage Rates Hold at 6.23% Amid Data Delay; Key Reports Loom

U.S. 30-year fixed mortgage rates remained steady near 6.23% as bond markets paused ahead of delayed jobs and inflation data. Mortgage-related stocks showed mixed premarket movement.

Economy Feb 9