“Declining mortgage rates and a double-digit increase in new listings are bringing house hunters off the sidelines, with pending sales posting their smallest decline in about 20 months,” said data journalist at Redfin, Dana Anderson… Companies in the space include: Invesco (IVR) Rocket Companies (RKT), LendingTree (TREE), Discover (DFS Wells Fargo (WFC), Zillow (Z), Lennar (LEN) and Redfin (RDFN).
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on IVR:
- Invesco Mortgage Capital Inc. Announces Quarterly Common Dividend and Provides Update on Book Value and Portfolio
- Alkermes, Armstrong World, National Healthcare, PJT Partners to join S&P 600
- Invesco Mortgage initiated with neutral view at UBS, here’s why
- Invesco Mortgage price target raised to $7.50 from $6.75 at BofA
- Mortgage applications increased 2.5% from last week, MBA says