Today's Mortgage Rates | Rates Hold Steady Ahead of Next Week's Fed Meeting [Business Insider]
Rocket Companies, Inc. Class A (RKT)
Company Research
Source: Business Insider
But since this cut has already been priced in, don't expect mortgage rates to drop much. Next year, mortgage rates should ease as the Fed continues cutting its benchmark rate. Mortgage rates are expected to go down as the Federal Reserve continues lowering its benchmark rate, and it appears to be poised to do so once more this year at its meeting next week. But don't expect rates to drop much in response this time around, since this expected cut has already been priced in. The Fed lowered rates at previous meetings in September and November, and investors expect the central bank to keep cutting next year as well, according to CME FedWatch How much mortgage rates go down next year depends in large part on the economy and how much the Fed is able to lower the federal funds rate. Recently, analysts have been revising their 2025 mortgage rate forecasts in anticipation of higher inflation and more economic growth. If inflation remains stubborn and the Fed has to slow the pace of
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News
- Today's Mortgage Rates | The Fed Made a Cut. Mortgage Rates Went Up Anyway. [Business Insider]Business Insider
- Rocket Companies, Inc. (NYSE: RKT) had its price target lowered by analysts at Morgan Stanley from $16.00 to $13.00. They now have an "equal weight" rating on the stock.MarketBeat
- Today's Mortgage Rates | Rates Tick Up As Fed Signals Fewer Cuts in 2025 [Business Insider]Business Insider
- The Fed might make fewer cuts in 2025. What does that mean for mortgage rates? [Business Insider]Business Insider
- Today's Mortgage Rates | Rates Steady Ahead of Fed Announcement [Business Insider]Business Insider
RKT
Earnings
- 11/12/24 - Miss
RKT
Sec Filings
- 12/16/24 - Form 8-K
- 12/3/24 - Form 8-K
- 11/14/24 - Form SC
- RKT's page on the SEC website