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Single family homes on the market. Updated weekly.Powered by Altos Research
722,032+456
30-yr Fixed Rate30-yr Fixed
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30-Yr. Fixed Conforming. Updated hourly during market hours.
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Real Estate

JPMorgan, Citigroup are positioned for growth, analyst says

According to Seeking Alpha, mega bank’s Citigroup (C) and JPMorgan Chase (JPM) are best positioned to grow their revenue and manage expenses in today's sluggish environment.

The revenue environment remains challenging thanks to low rates and slow loan growth. Mortgage banking activity held up in Q2, but managements are cautious now, and will be touting expense cuts in their mortgage units – meaningful improvement in expenses wasn't notable in Q2 (with the exception of BAC), so look for comments about traction in this area.

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Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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