RKT Mar 2023 13.000 call
| Previous Close | 0.5000 |
| Open | 0.8200 |
| Bid | 0.7200 |
| Ask | 0.8400 |
| Strike | 13.00 |
| Expire Date | 2023-03-17 |
| Day's Range | 0.8200 - 1.0000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 86 |
- Yahoo Finance Video
Home prices fall for fourth-straight month in October
The Case-Shiller Home Price Index fell for the fourth consecutive month in October, with the month-over-month index falling 0.5%.
- Motley Fool
Why Things Could Be Looking Up for Rocket Companies' Stock
Mortgage banking is one of the most out-of-favor industries in the stock market at the moment. The business has always been highly cyclical, and the feasts of 2020 and 2021 are being followed by the famine of 2022, driven by the Fed's aggressive campaign to rein in high inflation. Mortgage rates rose dramatically this year, and mortgage origination volumes are a fraction of what they were a year ago.
- Motley Fool
Here's How Rocket Is Diversifying Its Offerings in a Tough Mortgage Environment
Mortgage bankers have had a rough year as origination volumes have collapsed in the face of the Federal Reserve's tightening of monetary policy to combat inflation. Rocket (NYSE: RKT) is known primarily as a mortgage originator, but it is building a presence in other financial services, which will help compensate for the cyclicality of the mortgage business. This app is more than a convenience, however; it is a core part of the company's cost advantage.
