High Mortgage Rates Benefit Rocket, JPMorgan, Wells Fargo, and Apartment REITs

Rocket Companies' $14.2B acquisition of Mr. Cooper positions it to benefit from elevated mortgage rates, with a $2.1 trillion servicing portfolio generating $5B in annualized recurring cash flow. JPMorgan Chase and Wells Fargo also benefit from higher rates, with Wells Fargo guiding for $50B in net interest income in 2026. Apartment REITs AvalonBay Communities and Essex Property Trust gain from increased rental demand as home ownership becomes unaffordable.