XHB News and Press, SPDR Series Trust Homebuilders From 06/06/24

2024-06-06 05:59:00 ET Summary The over-7% mortgage rates seem to have become a fixture in the housing market. Mortgage applications to purchase a home dropped further in the latest reporting week. Volume of pending sales in April, an indicator of closed sales in May and later...

2024-06-05 08:30:00 ET Summary The month of May continued the bull market trajectory which started back in October 2022 and has now produced positive returns for 4 out of the first 5 months of 2024. This came with enhanced volatility. There are current headwinds, including softeni...

2024-06-02 09:00:00 ET More on real estate and the markets Wedbush cautious on home builders with fast rise in new home inventories ITB: This US Construction ETF Is Poised To Generate Substantial Returns S&P 500 marks weekly loss but finishes May with a win ...

2024-06-01 06:00:00 ET Summary While the U.S. Consumer Price Index has seen a significant decline from its 2022 peak, the shelter component remains somewhat stubborn. As mortgage rates remain high and as property values hover at their peaks, many continue to wonder when this piece...

2024-05-31 19:40:00 ET Summary While the world remains short of the trajectory required to reach net zero CO2 emissions by 2050, it is simultaneously facing the sobering prospect of more than 1.2 million plant and animal species being threatened with extinction. Solving these two ...

2024-05-31 03:45:00 ET Summary After the preceding month's better-than-expected numbers, the number of new home sales in the U.S. fell in April 2024. Mortgage rates rising faster than incomes reduce the relative affordability of new homes, putting them out of reach for a majority ...

2024-05-30 12:19:11 ET More related to mortgages: Pending home sales slide more than expected in April Mortgage applications fall as rates rise Mortgage rates dropped below 7% for 1st time in more than a month U.S. GDP revised down to cooler-than-expected 1.3...

2024-05-29 13:57:14 ET More on the U.S. property market Existing home sales unexpectedly slip in April Home Sales Whacked By Mortgage Rates ITB: This US Construction ETF Is Poised To Generate Substantial Returns Invesco Mortgage Capital: An Interesting Play I...

2024-05-23 12:23:20 ET More related to mortgage rates: New home sales unexpectedly fall in April Mortgage applications rise as refinancing activities surge, rates come down Mortgage rates fall for 2nd consecutive week in wake of eased inflation report Fed off...

2024-05-23 11:05:00 ET Summary The old saw that markets climb a wall of worry is alive and kicking. The US equities market isn’t quite as hot as AOA:AOK, but it's close, based on the ratio of US stocks - SPY - vs. a low-volatility subset - USMV. A potentially worrisome ...