Read more: Mortgage rates fall to all-time low amid coronavirus concerns - here’s why Americans may not take advantage of them Today, 98% of all home loans originated by Quicken utilize Rocket Mortgage technology at some point in the process, helping the company become the largest mortgage lender in the country back in 2018. Since launching its Rocket Mortgage technology in 2015, the company has focused much of its energy in digitizing the loan process, sparking a trend across the industry. Quicken Loans is in an enviable position to profit off the latest boom in refinance activity, caused this time by the coronavirus outbreak. This week, Quicken Loans reported the largest single-day volume of mortgage applications in the company’s history. With the ups and downs of mortgage rates have come booms in refinancing activity.
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