Mortgage-Related Stocks Soar After Trump Pledges $200B Bond Purchase

Tiger Newspress
昨天

Mortgage-related stocks surged in overnight trading after President Donald Trump announced plans to direct representatives to purchase $200 billion in mortgage bonds, a move he claims will lower mortgage rates and housing costs.

loanDepot up 21%; Opendoor up 13%; Rocket Companies up 8%; Lennar up 2%.

Trump made the announcement on social media, stating he would instruct his representatives to "BUY $200 BILLION DOLLARS IN MORTGAGE BONDS" using funds from Fannie Mae and Freddie Mac, which he claimed have accumulated substantial cash reserves because he chose not to sell these entities during his first term.

"This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable," Trump wrote, adding that the initiative aims to restore housing affordability that he claims was "absolutely destroyed" by the Biden administration.

The President criticized the current administration for ignoring the housing market while being "immersed with High Crime, Open Borders, runaway INFLATION, the Afghanistan Disaster, and a Military that he left in Chaos and Confusion."

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10