With rising mortgage rates drastically curtailing lending, Rocket Mortgage saw third-quarter mortgage originations plummet by 73 percent from a year ago, to $23.7 billion.
Source: Inman News
Rocket’s profits down 93% as mortgage originations fall
Published in FinTech, Industry News, Jay Farner, Mortgage, mortgage rates, Rocket Cos., Rocket Mortgage, Rocket Rewards and Select
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