Home prices are rising, and banks are smiling.
As the housing market continues to improve, the nation's largest mortgage originators Wells Fargo and JPMorgan Chase may not see the steep decline in mortgage banking fees as they expected. Elsewhere in the banking world, Citigroup investors should be encouraged by the potential increase in consumer confidence.
In this video, Motley Fool banking analysts David Hanson and Matt Koppenheffer discuss the housing market and what it means for these banks.
Citigroup's stock looks tantalizingly cheap. Yet the bank's balance sheet is still in need of more repair, and there's a considerable amount of uncertainty after a shocking management shakeup. Should investors be treading carefully, or jumping on an opportunity to buy? To help figure out whether Citigroup deserves a spot on your watchlist, I invite you to read our premium research report on the bank today. We'll fill you in on both reasons to buy and reasons to sell Citigroup, and what areas Citigroup investors need to watch going forward. Click here now for instant access to our best expert's take on Citigroup.
The article It's a Good Day for Bank Stocks originally appeared on Fool.com.
David Hanson has no position in any stocks mentioned. Matt Koppenhefferhas no position in any stocks mentioned. You can follow David and Matt on Twitter. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Citigroup, JPMorgan Chase, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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