Morgan Stanley says Rocket Companies stock set to rise as interest rates peak

Morgan Stanley forecasts that Rocket Companies' stock will rise as interest rates approach their peak, even as demand for mortgage loans falls. Historical patterns show the mortgage firm's shares tend to gain value when rates top out. The bank's analysts say now is a good time to pay attention to this stock.

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📈 Business Rising 10-Year Treasury Yields Are Pushing Up Consumer Loan Interest Rates CNBC · 2d ago 📈 Business UK mortgage rates hit one-month high amid Middle East tensions BBC Business · 2d ago 📈 Business UK Mortgage Rates Hit One-Month High as Middle East Tensions Drive Up Costs BBC Business · 3d ago