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Increased Marketshare Fuels Q2 Results for Rocket, Despite ‘Toughest Spring Market in Years’
['Maria Patterson', 'Maria Patterson Is Rismedia S Executive Vice President.']
RISMedia
“It was one of the toughest spring housing markets in years,” said Rocket Companies CEO Varun Krishna.
And when buyers are ready to finance, Rocket is already part of the experience.”
“Mortgage attachment to percentage of Redfin buy-side clients who finance with Rocket Mortgage has reached 47% approaching our 50% target,” he said.
“Today, the same data leads us to expect the third quarter mortgage market to be smaller than the second, something the industry has not seen since 2022.
Quarter after quarter, we’re building one with a stronger floor in difficult markets and significantly more upside when housing activity returns.