Advertisement
Canada markets open in 37 minutes

  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CAD/USD

    0.7296
    -0.0001 (-0.02%)
     

  • CRUDE OIL

    83.03
    +0.22 (+0.27%)
     

  • Bitcoin CAD

    87,000.37
    -4,052.27 (-4.45%)
     

  • CMC Crypto 200

    1,360.76
    -21.81 (-1.58%)
     

  • GOLD FUTURES

    2,341.60
    +3.20 (+0.14%)
     

  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     

  • 10-Yr Bond

    4.6890
    +0.0370 (+0.80%)
     

  • NASDAQ futures

    17,402.75
    -261.75 (-1.48%)
     

  • VOLATILITY

    16.61
    +0.64 (+4.01%)
     

  • FTSE

    8,084.92
    +44.54 (+0.55%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • CAD/EUR

    0.6820
    +0.0001 (+0.01%)
     
MARKETS LIVE BLOG:

STOCK FUTURES SLIDE AFTER META'S REALITY CHECK, WITH GDP ON DECK

Owner of Facebook and Instagram plans to spend up to US$10B on AI infrastructure investments

3 Mortgage & Related Services Stocks to Watch as Mortgage Rates Rise

Devyani Chamria
·1 min read

The Zacks Mortgage & Related Services industry has been feeling the heat from the receding mortgage origination tide. Adding to the woes, low housing supply and a sharp increase in home prices are likely to limit origination volumes, while tighter margins compound challenges for the industry players. Regulatory risks such as any change to the conservatorship or the existence of Freddie Mac FMCC might limit the origination ability of industry players, and reduce revenues from loan originations and servicing fees.

Nonetheless, expectations of higher demand for houses on the back of improving job market and growth in consumer spending should help mortgage-related stocks to generate higher returns in the near future. This along with portfolio diversity and technological enhancements is anticipated to keep Walker & Dunlop, Inc. WD, Ellington Financial LLC EFC and Velocity Financial, Inc. VEL afloat.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Walker & Dunlop, Inc. (WD) : Free Stock Analysis Report
 
Freddie Mac (FMCC) : Free Stock Analysis Report
 
Ellington Financial Inc. (EFC) : Free Stock Analysis Report
 
Velocity Financial, Inc. (VEL) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research