5 Best Mortgage Stocks To Buy Now

2. Bank of America Corporation (NYSE: BAC)

Ranking 2nd on our list of 10 best mortgage stocks to buy now is Bank of America, one of the country’s biggest banks, serving about 65 million customers. The bank recently announced to expand its Community Homeownership Commitment to $15 billion through 2025. The program includes a Down Payment Grant component and America’s Home Grant program. BofA said since the launch of the program, it has helped 21,000 individuals and families buy homes with easy loans.

Our database shows that 99 hedge funds held stakes in Bank of America at the end of December, versus the 88 funds in the third quarter. The company ranks 22nd in our list of the 30 Most Popular Stocks Among Hedge Funds: 2020 Q4 Rankings.