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How Risky Is Rocket Stock?

TheMotleyFool

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The current low interest rates have created the perfect environment for mortgage originators. Refinancing volumes are pushing estimates for 2020 originations to $3.2 trillion, which would be the highest rate in almost 20 years. The housing sales environment has been so strong, a number of mortgage companies -- including Rocket Companies (NYSE: RKT), Guild Holdings (NYSE: GHLD), and United Wholesale -- have chosen to go public (United Wholesale's SPAC IPO through Gores Holdings IV (NASDAQ: GHIV) is still being finalized).

While the origination market is good, is it too good? Are we at risk of another meltdown? How risky is an investment in Rocket Companies stock at the moment?

Image source: Getty Images.

Source Fool.com

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