Rocket Companies’ growth set to ease in 2025 amid market headwinds

Rocket Companies (NYSE: RKT) has completed its acquisition of Redfin (NASDAQ: RDFN), bringing together one of the largest US mortgage lenders with a major real estate search platform. The deal is part of a broader strategy to build a vertically integrated property services business spanning listings, financing, and mortgage servicing.

In a further push to expand its mortgage servicing arm, Rocket has also signed a merger agreement with Mr Cooper Group (NASDAQ: COOP), a leading US home loan servicer. The moves are designed to give Rocket an end-to-end presence in the housing market—from search to sale to servicing.

However, the company faces macroeconomic headwinds. Consensus estimates from Visible Alpha show analysts expect revenue growth to slow to +6% in 2025, down from +34% last year, as homebuying activity softens and tariff uncertainty weighs on demand.

Rocket’s key revenue stream—net gain on sale of loans—is projected to rise +14% to $3.4 billion in 2025, a sharp slowdown from the +46% jump last year. Meanwhile, loan servicing loss, net is expected to shrink -41% to $520 million. Net interest income, which declined -19% in 2024, is forecast to rebound with +12% growth, while other income is projected to rise +17%.

Analysts anticipate growth to accelerate again in 2026, with total revenue projected to rise +30% year-over-year to $7 billion.