For Immediate Release
Chicago, IL – July 24, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: D.R. Horton, Inc. DHI, Meritage Homes Corp. MTH, Taylor Morrison Home Corp. TMHC, M.D.C. Holdings, Inc. MDC and TRI Pointe Group, Inc. TPH.
Here are highlights from Thursday’s Analyst Blog:
Mortgage Application Volume Rises: 5 Stocks to Buy
Homebuyer demand is finally heating up. According to the Mortgage Bankers Association, total mortgage application volume rose last week from the previous week as more buyers rushed to buy new homes with states gradually lifting restrictions.
The news comes at the back of growing demand for new homes. New home sales surprisingly jumped in May, according to a monthly survey by John Burns Real Estate