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

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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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RocketMortgage is a horrible company. Pushing Cash out Refi’s is horrible. Keeping your customers slaves and in the chain of debt is a horrible business practice.

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