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Direxion Daily Homebuilders & Supplies Bull 3x Shares ETF News

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Mortgage rates sink to all-time low

02:17pm, Thursday, 30'th Apr 2020
30-year fixed-rate mortgage averages 3.23% in the week ending April 30, down 10 basis points from the previous week, according to the Freddie Mac Primary Mortgage Market Survey.A year ago at this time

D.R. Horton Earnings Beat Lifts Homebuilder Stocks

01:47pm, Wednesday, 29'th Apr 2020
Homebuilding stocks moved higher Tuesday after D.R. Horton reported better-than-expected earnings. Build on momentum with these trading ides.
The new home market cap is the product of the number of sales and the average sale price of new homes sold in the U.S., where both component factors have fallen
By the fourth week of national social-distancing efforts, home sales shrank 85% from the usual spring pace.In the past two weeks, though, home sales numbers have started to rise, according to John Bur

Housing To Take A Hit

03:52pm, Monday, 27'th Apr 2020
Home purchases in March had their biggest decline since November 2015. Some say a crash is inevitable at this point. With this disinflationary shock, inflation-
The view of the housing market for the entire month of March will understate the stalled condition of the market heading into April, Redfin says.Home sales entered the month strong, but then COVID-19
Actual data for U.S. homes sold after the lockdowns began will not be available for a while, and everyone is grappling with preliminary indications of just how

Mortgage rates hover near all-time lows

03:07pm, Thursday, 16'th Apr 2020
30-year fixed-rate mortgage averages 3.31% for the week ending April 16, down from 3.33% in the prior week and 4.17% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Surve
Here are some leveraged equity ETFs that gained more than 50% last week and will continue to do so if the market sentiment remains positive.
In October Freddie Mac expected 6.1M of new home sales in 2020, on an annualized basis.Now it doesn't see reaching that level until 2021.Freddie reduces its sales forecast to 5.1M homes for this year,
The series of developments last week have spurred huge demand for leveraged ETFs as investors seek to register big gains in a shorter span of time.

Another U.S.-Wide Housing Slump Is Coming

10:58am, Sunday, 12'th Apr 2020
A U.S. housing crisis is coming and although it won't be anything like the last one, that won't make it any less painful. Even though there has been no rampant

Mortgage rates take a breather

02:47pm, Thursday, 09'th Apr 2020
30-year fixed-rate mortgage averaged 3.33% for the week ending April 9, unchanged from the previous week and down from 4.12% at this time a year ago, according to the Freddie Mac Primary Mortgage Mark

Best Performing ETFs Of The Year

04:00am, Tuesday, 07'th Apr 2020
The top ETFs of 2019 surged by more than 50%.
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