Which Mortgage Stock Is a Better Buy? -Breaking
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Rocket Cos, (RKT), as well LendingTree’s (TREE), are involved in mortgage lending. The stocks are expected to outperform the wider markets by 2021. If you’re looking to buy the dip, which stock is currently the better investment?.The last few years have been extremely beneficial for players in the mortgage lending space. Rocket Companies (RKT), and LendingTree® (TREE) have been the primary factors in mortgage lender growth.
Both stocks are losing momentum over the past months. RKT stock has fallen 62% since its all-time highs. It is currently valued at $31 billion. TREE’s market cap is $1.61 billion, down nearly 70% from the all-time peak.
Today I’ll analyze both mortgage stocks to determine which is currently the better buy.
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