In addition to paying high rates on any balances they carry, customers will find that their rewards points are worth much less if they don't choose Rocket Mortgage to finance their home
After posting $493M Q4 loss, Rocket executives say they're focused on reaching homebuyers through the wholesale channel and new personal finance app, Rocket Money
With rising mortgage rates drastically curtailing lending, Rocket Mortgage saw third-quarter mortgage originations plummet by 73% from a year ago, to $23.7B
After initial focus on mortgages, 'Rocket Rewards' will be expanded to provide discounts on other 'ecosystem' offerings including personal loans and solar panels