Recent Mr. Cooper and Redfin acquisitions prop up the company to become a mortgage conglomerate. Users will be able to one-stop-shop for homes and mortgages through the Redfin or Rocket Mortgage apps. While housing supply is limited (but increasing) housing prices are only going up, and usage of Redfin as an agent will allow Rocket Companies to earn revenue on all fees related to home buying, from selling/buying agent fees to mortgage interest and maintenance fees.
Rocket is in an extremely unique position to benefit from an increased OR decreased interest rate, to benefit from an increase in housing supply OR continued supply plateau, and to benefit from any housing uncertainty in the future.
Anyone who's been watching knows that people are going to need to buy and sell homes no matter the conditions of the market, and the business being US-based shields Rocket from any potential tariffs or other political issues.
I believe this is a unique entry point for a company that will grow consistently for years to come. I also believe we will see 14b gross revenue in 2 years time.
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