Today: 8 June 2026
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NASDAQ:RKT 29 December 2025 - 3 March 2026

Mortgage rates today: 30-year nudges higher as Rocket, UWM stocks slide on oil-driven yield jitters

Mortgage rates today: 30-year nudges higher as Rocket, UWM stocks slide on oil-driven yield jitters

The average 30-year fixed mortgage rate rose to 6.15% Tuesday, up from 6.12% Monday, according to Mortgage News Daily. Shares of Rocket Companies fell 2.1%, UWM Holdings dropped 2.2%, and loanDepot lost 3.1% as Treasury yields climbed. Homebuilder ETFs ITB and XHB declined about 1.5% and 1.7%. Investors are awaiting Friday’s U.S. jobs report and the Fed’s March policy meeting.
Mortgage rates today: 30-year hits 6.01% low, but Rocket and homebuilder stocks wobble

Mortgage rates today: 30-year hits 6.01% low, but Rocket and homebuilder stocks wobble

U.S. 30-year fixed mortgage rates dropped to 6.01%, the lowest since September 2022, according to Freddie Mac. Mortgage lenders Rocket Companies and UWM Holdings fell in Friday trading, while homebuilder shares were steady. New home sales slipped 1.7% in December, and the median new house price rose to $414,400. Pending home sales and mortgage applications both showed little movement despite easing rates.
Rocket Companies stock slides 14% after PennyMac miss; RKT traders brace for Fed pick fallout and jobs data

Rocket Companies stock slides 14% after PennyMac miss; RKT traders brace for Fed pick fallout and jobs data

Rocket Companies shares fell 13.67% to $17.93 on Friday, with trading volume tripling its 50-day average. PennyMac Financial plunged 33% after reporting quarterly earnings far below estimates. UWM Holdings also dropped nearly 14% as mortgage stocks slid and both major indexes closed lower. Markets face added uncertainty after Donald Trump nominated Kevin Warsh to lead the Federal Reserve.
Mortgage rates today: Rocket stock slips as 30-year fixed moves back above 6%

Mortgage rates today: Rocket stock slips as 30-year fixed moves back above 6%

Rocket Companies shares fell 1.9% to $22.76 in early Wednesday trading as the average 30-year fixed mortgage rate climbed to 6.07%. Mortgage lenders and insurers, including loanDepot and MGIC Investment, also dropped. U.S. consumer prices rose 2.7% in December, keeping traders focused on inflation and upcoming economic data. Investors are watching for fresh mortgage-application numbers and inflation reports later in the day.
Rocket Companies (RKT) stock jumps nearly 10% on Trump mortgage-bond order; CPI looms next

Rocket Companies (RKT) stock jumps nearly 10% on Trump mortgage-bond order; CPI looms next

Rocket Companies shares jumped 9.65% to $23.29 Friday after President Trump announced a $200 billion mortgage-bond purchase plan. UWM Holdings rose 14%. The Federal Housing Finance Agency confirmed Fannie Mae and Freddie Mac would handle the buying but gave no further details. Traders await Tuesday’s U.S. CPI report for clues on rates and housing market direction.
12 January 2026
Rocket Companies stock (RKT) jumps on Trump’s $200B mortgage-bond move — what to watch next

Rocket Companies stock (RKT) jumps on Trump’s $200B mortgage-bond move — what to watch next

Rocket Companies shares jumped 9.6% to $23.29 Friday after the Trump administration announced $200 billion in mortgage-backed securities purchases tied to Fannie Mae and Freddie Mac. The move triggered a rally in housing stocks as investors bet on lower mortgage rates. Treasury Secretary Scott Bessent said the buying will match the Fed’s runoff pace, starting with a $3 billion tranche.
11 January 2026
Rocket Companies stock holds near 52-week high after Barclays target hike; mortgage apps drop

Rocket Companies stock holds near 52-week high after Barclays target hike; mortgage apps drop

Rocket Companies shares closed up 0.3% at $21.28 after volatile trading on heavy volume, with the stock up about 10% year-to-date. Barclays raised its price target to $22 but maintained a neutral rating. Mortgage applications fell 9.7% over the holiday-adjusted period, even as rates dropped to 6.25%. Director Matthew Rizik sold 5,000 shares under a pre-set trading plan.

Stock Market Today

  • Alphabet Stock Seen Surging to $600 by 2028 on AI and Cloud Growth
    June 8, 2026, 10:36 AM EDT. Alphabet Inc (GOOGL) stock is projected to reach $453.04 within 12 months, a 21.59% increase from its current $372.58, according to 24/7 Wall St. A bull case anticipates shares hitting $604.63 by June 2, 2028, backed by strong AI monetization, an $80 billion equity raise including a $10 billion Berkshire Hathaway investment, and a $460 billion Google Cloud backlog. Despite a 2.78% pullback from May peaks, analysts maintain a 90% confidence level with a Buy rating. Risks include elevated 2026 capital expenditure guidance of up to $185 billion and regulatory scrutiny in the EU and US. Nevertheless, operating margins expanded to 36.1% in Q1, underpinning optimism for sustainable growth.

Latest articles

Mortgage Rates Fall but Buyers Still Face Pressure

Mortgage Rates Fall but Buyers Still Face Pressure

8 June 2026
U.S. mortgage rates dipped to 6.48% from 6.53%, offering slight relief as the housing market faces falling listing prices—down 2.4% year-over-year to $429,500—but persistent high borrowing costs and strong jobs data threaten to push rates higher, risking further pressure on home sales and affordability.
QQQ Slides 4.8% But Options Market Sends Mixed Signals

QQQ Slides 4.8% But Options Market Sends Mixed Signals

8 June 2026
QQQ jumped 1.6% to $716.47 Monday after a 4.8% drop, as options data showed traders cautious but not panicked; the rebound follows a tech selloff sparked by Fed rate fears and AI spending doubts, while upcoming Nasdaq-100 rebalancing and new ETF competition add uncertainty for investors.
SOXL’s 433% Rally in AI Chip Sector Meets Sharp Pullback

SOXL’s 433% Rally in AI Chip Sector Meets Sharp Pullback

8 June 2026
SOXL surged nearly 15% to $209.62 Monday after last week’s 30.5% plunge, as chip stocks rebounded from a $1.3 trillion rout; leveraged ETF swings highlight the risks of daily resets, with Direxion and regulators warning these funds are trading tools, not long-term bets, especially as investors eye upcoming inflation data and Fed meetings.
Corning Wins Amazon AI Fiber Deal; GLW Faces Next Hurdle

Corning Wins Amazon AI Fiber Deal; GLW Faces Next Hurdle

8 June 2026
Amazon’s new multibillion-dollar supply deal makes Corning a key fiber provider for U.S. data centers, but with shares up 305% in 12 months and investors already pricing in big AI wins, the stock was little changed at $177.58 premarket as risks of factory delays and high expectations loom.
BlackBerry Shares Stall After QNX Push

BlackBerry Stock Moves in Pre-Market Ahead of June Test

8 June 2026
BlackBerry’s U.S. shares rose 2.34% in premarket trading to $9.63 after Friday’s 8.99% drop, but with analyst targets averaging just $4.98, investors are betting on QNX growth and secure-communications wins ahead of June 25 earnings; any disappointment could hit the stock hard.
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