The Capital
Published in

The Capital

Stocks

Rocket Mortgage Is Going to Tank

The parent company stock, Rocket Companies (RKT), can’t escape the cycle

Photo by Dillon Kydd on Unsplash

Rocket Companies (RKT), which owns Rocket Mortgage and Quicken Loans, faces margin compression and lower earnings. The reason is home refinancing volumes and new mortgage applications are…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Mark Hake

Mark Hake

CFA, MBA, and former hedge fund manager and investment research firm owner. Email me at mrhake@gmail.com if you have writing/research projects.