Prospective buyers at an open house in Florida. Mike Stocker | South Florida Sun Sentinel | Tribune News Service | Getty Images The average rate on the 30-year fixed rate mortgage has fallen to 5.99%,...
Tag: iShares U.S. Home Construction ETF
Firms to watch with housing shortage set to benefit homebuilder stocks
Ariel Skelley | Digitalvision | Getty Images The double whammy of a declining stock market and rising interest rates has been pummeling homebuilder stocks this year, resulting in rock-bottom valuation...
Home Building Stocks Are Ultracheap, Analyst Says. Investors Are Catching On.
Home building stocks now are “dirt cheap,” according to one Wall Street analyst, and investors are beginning to take notice. Stephen Kim, the home building analyst at Evercore ISI, wrote in a client ...
‘We absolutely believe Ether’ surpassing bitcoin’s total market value ‘can happen this year,’ says ETF expert: ‘The bull case is an Etherum ETF in 2022’
Hello there! The Invesco QQQ Trust QQQ is up over 2% so far this week. That is not where many investors would have bet that the popular exchange-traded fund would be trading now based on the wild acti...
Residential housing demand ‘cratered’ as mortgage rates spiked, analyst says
Raymond James analyst Buck Horne lowered ratings on all of the home-builder stocks he covers, as he believes the recent “relentless” climb in mortgage rates has ensured a housing recession. “Interest ...