Trump orders mortgage bond purchases to lower rates. These stocks are jumping in response
CNBC·2026-01-09 16:14
Artificial intelligence-focused lender Better Home & Finance added more than 2%. Opendoor Technologies , a real estate ecommerce platform that has become a meme stock, surged more than 16%.Mortgage lender Rocket Companies jumped more than 6% to a fresh 52-week high. UWM Holdings gained more than 8%, on track for one of its best sessions in the past year. Lender PennyMac rose about 5%.Federal Housing Finance Agency Director Bill Pulte later posted that "we are on it." Trump said he was making the push becaus ...