Jul. 2 at 9:13 PM
$DHI $LEN $RKT
With forthcoming plans for Fed to cut interest rates, homebuilder and mortgage stocks are likely to rise. Lower rates reduce mortgage costs, boosting homebuying and refinancing demand. This benefits companies like D.R. Horton (
$DHI), Lennar (
$LEN), and Rocket Mortgage (
$RKT). Overall, rate-sensitive housing stocks typically pop on dovish Fed moves, especially when tied to improving affordability and stronger consumer sentiment.
