Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

7 top mortgage stocks to buy in 2024

Ready to invest in the home loan industry? Learn how to invest in mortgage stocks in just a few steps.

The best mortgage stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

The top home loan stocks included on this page all trade on the S&P 500, have an analyst recommendation of "Buy" or better and are sorted by year-to-date performance.

  1. Invesco Mortgage Capital (IVR)
  2. Rocket Companies Inc (RKT)
  3. Lendingtree (TREE)
  4. Discover Financial Services (DFS)
  5. Citigroup (C)
  6. JPMorgan Chase-and-Co (JPM)
  7. Bank of America (BAC)

Our top broker picks

Alternative pick for crypto trading

Go to site
  • $0 commission trading
  • Instant withdrawals with a 1.75% fee
  • Supports 250+ cryptocurrencies
  • High-yield account earns up to 4.65% APY
Terms apply. Cryptoassets are highly volatile. Your capital is at risk. Available in the US, CA, UK and AU

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Top pick for advanced traders

Go to site
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Pro-grade platform and risk analysis tools

Top pick for best mobile experience

Go to site
  • Trade $0 commission stocks, ETFs, and options with as little as $1
  • After-hours trading available
  • Earn 4.5% interest on uninvested cash with Gold
  • 24/7 customer support

How to invest in mortgage stocks

  1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps of 2024.
  2. Sign up for an account. Provide your personal information and sign up.
  3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
  4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like IVR or RKT.
  5. Place your order. Buy the stock. It's that simple.

Take a deeper dive into mortgage stocks

If you're interested in investing in the home loan industry, take a closer look at what companies in this industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.

1. Invesco Mortgage Capital (IVR)

Invesco Mortgage Capital Inc. operates as a real estate investment trust (REIT) that invests, finances, and manages mortgage-backed securities and other mortgage-related assets in the United States. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U. S.

Invesco Mortgage Capital stock opened the day at $8.50 after a previous close of $8.18. The latest price was $8.18 (25-minute delay). Invesco Mortgage Capital is listed on the NYSE and has a trailing 12-month revenue of around USD102.9 million.

  • Market capitalization: $496,773,888
  • P/E ratio: 6.1504
  • PEG ratio: -6.09

Back to top


2. Rocket Companies Inc (RKT)

Rocket Companies, Inc. , a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network.

Rocket Companies Inc stock opened the day at $11.49 after a previous close of $11.58. The latest price was $11.63 (25-minute delay). Rocket Companies Inc is listed on the NYSE, has a trailing 12-month revenue of around USD$4.3 billion and employs 14,700 staff.

  • Market capitalization: $23,012,933,632
  • PEG ratio: 1.399

Back to top


3. Lendingtree (TREE)

LendingTree, Inc. , through its subsidiary, operates online consumer platform in the United States. It operates through three segments: Home, Consumer, and Insurance.

Lendingtree stock opened the day at $39.81 after a previous close of $40.46. The latest price was $39.15 (25-minute delay). Lendingtree is listed on the NASDAQ, has a trailing 12-month revenue of around USD$773 million and employs 860 staff.

  • Market capitalization: $522,320,576
  • PEG ratio: 3.5488

Back to top


4. Discover Financial Services (DFS)

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts.

Discover Financial Services stock opened the day at $173.70 after a previous close of $168.26. The latest price was $169.27 (25-minute delay). Discover Financial Services is listed on the NYSE, has a trailing 12-month revenue of around USD$11.7 billion and employs 21,100 staff.

  • Market capitalization: $42,245,373,952
  • P/E ratio: 13.5475
  • PEG ratio: 4.4141

Back to top


5. Citigroup (C)

Citigroup Inc. , a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U. S.

Citigroup stock opened the day at $69.21 after a previous close of $68.12. The latest price was $68.42 (25-minute delay). Citigroup is listed on the NYSE, has a trailing 12-month revenue of around USD$69.3 billion and employs 229,000 staff.

  • Market capitalization: $128,832,634,880
  • P/E ratio: 19.4074
  • PEG ratio: 0.7845

Back to top


6. JPMorgan Chase-and-Co (JPM)

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management.

JPMorgan Chase-and-Co stock opened the day at $232.27 after a previous close of $230.37. The latest price was $232.96 (25-minute delay). JPMorgan Chase-and-Co is listed on the NYSE, has a trailing 12-month revenue of around USD$162.1 billion and employs 316,043 staff.

  • Market capitalization: $648,569,880,576
  • P/E ratio: 12.7983
  • PEG ratio: 4.7153

Back to top


7. Bank of America (BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and investment accounts and products; credit and debit cards; residential mortgages, and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans.

Bank of America stock opened the day at $43.97 after a previous close of $43.50. The latest price was $43.38 (25-minute delay). Bank of America is listed on the NYSE, has a trailing 12-month revenue of around USD$94.6 billion and employs 213,000 staff.

  • Market capitalization: $333,770,293,248
  • P/E ratio: 15.7609
  • PEG ratio: 1.996

Back to top

Bottom line

While it’s possible to turn a profit investing in mortgage stocks, keep in mind that — like any investment — mortgage stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the home loan industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site