Home Builders, Mortgage Stocks Rise. Rates Are Heading Lower.
Barrons·2025-10-24 13:17
Group 1 - Mortgage rates are expected to decrease following the inflation report for September, positively impacting home construction and mortgage company stocks [1][2] - The iShares U.S. Home Construction ETF rose by 1.4% in premarket trading, reaching $105.88, which would be its highest close since October 6 [2] - Rocket Mortgage's stock increased by 2.4% in premarket trading, while United Wholesale Mortgage saw a rise of 3.7% [2]