Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. They say  "marry the house, date the rate," which means to buy the home you want now and refinance later when rates come down. However, that strategy may not be as reliable as it sounds. According to Neighbors Bank, many homeowners will need at least a 0.75-percentage-point drop in mortgage rates before refinancing makes financial sense. Anything less than that, you're going to spend years just breaking ev ...

Rocket Companies, Inc. (NYSE:RKT) is emerging as a major potential winner from falling mortgage rates, with its strong refinancing share and recent acquisitions setting the stage for growth in both volumes and profitability. The company’s pending purchase of Mr. Cooper and its newly closed Redfin deal promise hundreds of millions in synergies, while an expected wave of refinancing could accelerate earnings momentum as U.S. rate cuts approach. Bank of America Securities (BofA) analyst Mihir Bhatia upgraded ...