Better Home & Finance Stock Surges 100% in a Day, 400% in Three Months Amid Refinance Market Spike

New York, NY – Better Home & Finance Holding Co. (NASDAQ: BETR) experienced a remarkable surge in its stock value, with shares reportedly climbing approximately 100% in a single day and an impressive 400% over the last three months. The significant gains were highlighted by Ram Ahluwalia CFA, Founder and CEO of Lumida Wealth, who attributed the performance to a strategic investment thesis. Ahluwalia announced the substantial returns on social media, stating, "> Our mortgage refinance play $BETR is up ~100% today and 400% over the last 3 months." This follows a broader market interest in Better Home & Finance, which saw its stock price jump 46.6% on Monday, September 22, after hedge fund manager Eric Jackson of EMJ Capital publicly endorsed the company, labeling it "the Shopify of mortgages." Lumida Wealth's investment strategy for BETR was rooted in an anticipated "mortgage refi spike." Industry forecasts for 2025 support this thesis, indicating increased activity in the mortgage refinance market. Experts predict a boost in refinance volume due to slightly lower interest rates compared to the previous year, alongside a rise in cash-out refinancing options. Better Home & Finance operates as an AI-powered homeownership company, offering digital solutions across mortgages, real estate, title, and insurance services. The company leverages proprietary AI platforms, "Tinman" and "Betsy," to streamline the lending process. Ahluwalia also noted a historical financial position, stating, "> The company had 50% of its market cap in cash just 3 months ago," underscoring a perceived undervaluation. While recent reports from September 22, 2025, show the company with approximately $92.38 million in cash against a market capitalization of $764.26 million, equating to about 12.1% cash, the earlier claim suggests a stronger liquidity position in Q2 2025. The dramatic stock performance of Better Home & Finance reflects a confluence of factors, including strategic investor endorsements, a favorable market environment for mortgage refinancing, and the company's focus on AI-driven efficiency in the homeownership sector. The rapid appreciation underscores the potential for significant returns in companies aligned with evolving market trends and backed by strong investment theses.