Is Rocket Companies (RKT) Cheap On Mortgage Rates Rising Above 7%?

Rocket Companies (RKT) is back in focus after 30 year mortgage rates moved above 7% following the Federal Reserve's latest hike, raising fresh questions about future purchase and refinance activity. Against this rate shock backdrop, Rocket Companies’ share price has been under pressure, with a 30 day share price return of down 15.11% and a year to date share price return of down 41.20%. The 1 year total shareholder return is down 39.68%, while the 3 year total shareholder return remains...